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 10 August 2022 to 16 August 2022:
| No. of shares | Average price (DKK) | Total value (DKK) | |
| Accumulated, last announcement | 556,100 | 157.61 | 87,646,620.00 |
| 10 August 2022 | 4,500 | 150.42 | 676,890.00 |
| 11 August 2022 | 4,500 | 154.98 | 697,410.00 |
| 12 August 2022 | 4,500 | 154.46 | 695,070.00 |
| 15 August 2022 | 4,500 | 154.38 | 694,710.00 |
| 16 August 2022 | 4,000 | 152.80 | 611,200.00 |
| Total | 22,000 | 153.42 | 3,375,280.00 |
| Accumulated under the programme | 578,100 | 157.45 | 91,021,900.00 |
Details of each transaction are included as an appendix to this announcement.
Following these transactions, H+H holds 686,731 shares as treasury shares, corresponding to 3.92 percent of the Company’s current total share capital.
For further information please contact:
Andreas Holkjær
Head of Investor Relations and Treasury
+45 24 48 03 67
aho@HplusH.com