Transactions in connection with share buy-back programme
On 3 March 2022, H+H International A/S (hereinafter referred to as “H+H” or “the Company”) initiated a share buy-back programme in compliance with Article 5 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on Market Abuse and Commission Delegated Regulation (EU) 1052/2016 of 8 March 2016 (the “Safe Harbour Regulation”).
The share buy-back programme is expected to be realised over a 12-month period, starting from 4 March 2022. Under the share buy-back programme, H+H may repurchase shares up to a maximum amount of DKK 150 million. Please refer to Company Announcement no. 469 of 3 March 2022 for more information about the share buy-back programme.
The following transactions were executed under the share buy-back programme from 2 November 2022 to 8 November 2022:
| No. of shares | Average price (DKK) | Total value (DKK) | |
| Accumulated, last announcement | 873,300 | 142.18 | 124,169,090.00 |
| 2 November 2022 | 4,000 | 111.19 | 444,760.00 |
| 3 November 2022 | 4,000 | 107.39 | 429,560.00 |
| 4 November 2022 | 4,500 | 108.00 | 486,000.00 |
| 7 November 2022 | 4,400 | 112.05 | 493,020.00 |
| 8 November 2022 | 4,500 | 113.18 | 509,310.00 |
| Total | 21,400 | 110.40 | 2,362,650.00 |
| Accumulated under the programme | 894,700 | 141.42 | 126,531,740.00 |
Details of each transaction are included as an appendix to this announcement.
Following these transactions, H+H holds 1,003,331 shares as treasury shares, corresponding to 5.73 percent of the Company’s current total share capital.
For further information please contact:
Peter Klovgaard-Jørgensen
Chief Financial Officer
+45 35 27 02 00
Shareholder@HplusH.com