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 31 August 2022 to 6 September 2022:
| No. of shares | Average price (DKK) | Total value (DKK) | |
| Accumulated, last announcement | 632,000 | 154.68 | 97,754,901.00 |
| 31 August 2022 | 6,500 | 118.28 | 768,820.00 |
| 1 September 2022 | 6,500 | 113.42 | 737,230.00 |
| 2 September 2022 | 6,500 | 114.56 | 744,640.00 |
| 5 September 2022 | 6,500 | 113.35 | 736,775.00 |
| 6 September 2022 | 6,500 | 112.78 | 733,070.00 |
| Total | 32,500 | 114.48 | 3,720,535.00 |
| Accumulated under the programme | 664,500 | 152.71 | 101,475,436.00 |
Details of each transaction are included as an appendix to this announcement.
Following these transactions, H+H holds 773,131 shares as treasury shares, corresponding to 4.42 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