Transactions in connection with share buy-back programme

On 4 March 2021, 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”). On 18 March 2021, the share buy-back programme was increased by DKK 15 million, thereby increasing the maximum aggregate purchase price of the shares to be bought back under the programme to DKK 115 million.

The share buy-back programme is expected to be realised over a 12-month period, starting from 4 March 2021. Under the share buy-back programme, H+H may repurchase shares up to a maximum amount of DKK 115 million, and no more than 1,728,136 shares, corresponding to approximately 9.6 percent of the share capital of the Company.

The following transactions were executed under the share buy-back programme from 16 June 2021 to 22 June 2021:

  No. of shares Average price (DKK) Total value (DKK)
Accumulated, last announcement 190,500   32,380,296.00
16 June 2021 2,000 192.98 385,960.00
17 June 2021 1,900 195.85 372,115.00
18 June 2021 2,200 192.18 422,796.00
21 June 2021 2,300 193.46 444,958.00
22 June 2021 1,800 196.31 353,358.00
Total 10,200   1,979,187.00
Accumulated under the programme 200,700   34,359,483.00

Details of each transaction are included as an appendix to this announcement.

Following these transactions, H+H holds 270,900 shares as treasury shares, corresponding to 1.51 percent of the Company’s total share capital.

For further information please contact:
Andreas Holkjær
Investor Relations and Treasury Manager
+45 24 48 03 67
[email protected]

  • 426 – Transactions in connection with share buy-back programme
  • 426 – Appendix – Specification – 16.06.2021 to 22.06.2021

Leave a Reply

Your email address will not be published. Required fields are marked *