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 18 May 2022 to 24 May 2022:
| No. of shares | Average price (DKK) | Total value (DKK) | |
| Accumulated, last announcement | 227,900 | 176.98 | 40,334,341.00 |
| 18 May 2022 | 6,000 | 162.02 | 972,120.00 |
| 19 May 2022 | 6,000 | 161.50 | 969,000.00 |
| 20 May 2022 | 5,000 | 165.25 | 826,250.00 |
| 23 May 2022 | 5,000 | 166.95 | 834,750.00 |
| 24 May 2022 | 6,000 | 163.81 | 982,860.00 |
| Total | 28,000 | 163.75 | 4,584,980.00 |
| Accumulated under the programme | 255,900 | 175.53 | 44,919,321.00 |
Details of each transaction are included as an appendix to this announcement.
Following these transactions, H+H holds 847,896 shares as treasury shares, corresponding to 4.85 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