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 4 May 2022 to 10 May 2022:
| No. of shares | Average price (DKK) | Total value (DKK) | |
| Accumulated, last announcement | 185,500 | 179.70 | 33,333,761.00 |
| 4 May 2022 | 4,700 | 170.13 | 799,611.00 |
| 5 May 2022 | 4,500 | 170.53 | 767,385.00 |
| 6 May 2022 | 4,600 | 165.70 | 762,220.00 |
| 9 May 2022 | 4,600 | 158.54 | 729,284.00 |
| 10 May 2022 | 5,000 | 158.91 | 794,550.00 |
| Total | 23,400 | 164.66 | 3,853,050.00 |
| Accumulated under the programme | 208,900 | 178.01 | 37,186,811.00 |
Details of each transaction are included as an appendix to this announcement.
Following these transactions, H+H holds 800,896 shares as treasury shares, corresponding to 4.58 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