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 27 July 2022 to 2 August 2022:
| No. of shares | Average price (DKK) | Total value (DKK) | |
| Accumulated, last announcement | 509,100 | 158.25 | 80,563,630.00 |
| 27 July 2022 | 5,500 | 137.26 | 754,930.00 |
| 28 July 2022 | 5,500 | 141.09 | 775,995.00 |
| 29 July 2022 | 5,500 | 147.56 | 811,580.00 |
| 1 August 2022 | 5,000 | 150.63 | 753,150.00 |
| 2 August 2022 | 5,000 | 150.57 | 752,850.00 |
| Total | 26,500 | 145.23 | 3,848,505.00 |
| Accumulated under the programme | 535,600 | 157.60 | 84,412,135.00 |
Details of each transaction are included as an appendix to this announcement.
Following these transactions, H+H holds 644,231 shares as treasury shares, corresponding to 3.68 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