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 8 June 2022 to 14 June 2022:
| No. of shares | Average price (DKK) | Total value (DKK) | |
| Accumulated, last announcement | 296,900 | 173.42 | 51,489,401.00 |
| 8 June 2022 | 6,000 | 156.54 | 939,240.00 |
| 9 June 2022 | 7,000 | 153.36 | 1,073,520.00 |
| 10 June 2022 | 7,000 | 147.97 | 1,035,790.00 |
| 13 June 2022 | 6,500 | 142.16 | 924,040.00 |
| 14 June 2022 | 6,500 | 139.55 | 907,075.00 |
| Total | 33,000 | 147.87 | 4,879,665.00 |
| Accumulated under the programme | 329,900 | 170.87 | 56,369,066.00 |
Details of each transaction are included as an appendix to this announcement.
Following these transactions, H+H holds 438,531 shares as treasury shares, corresponding to 2.51 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