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 7 September 2022 to 13 September 2022:
| No. of shares | Average price (DKK) | Total value (DKK) | |
| Accumulated, last announcement | 664,500 | 152.71 | 101,475,436.00 |
| 7 September 2022 | 6,500 | 114.09 | 741,585.00 |
| 8 September 2022 | 6,000 | 116.30 | 697,800.00 |
| 9 September 2022 | 6,000 | 118.78 | 712,680.00 |
| 12 September 2022 | 5,500 | 120.85 | 664,675.00 |
| 13 September 2022 | 5,500 | 119.78 | 658,790.00 |
| Total | 29,500 | 117.81 | 3,475,530.00 |
| Accumulated under the programme | 694,000 | 151.23 | 104,950,966.00 |
Details of each transaction are included as an appendix to this announcement.
Following these transactions, H+H holds 802,631 shares as treasury shares, corresponding to 4.59 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