H+H International

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 12 January 2022 to 18 January 2022:


	No. of shares	Average price (DKK)	Total value (DKK)
Accumulated, last announcement	495,253		100,114,377.23
12 January 2022	1,800	214.44	385,992.00
13 January 2022	1,800	214.46	386,028.00
14 January 2022	3,300	206.51	681,483.00
17 January 2022	3,000	204.14	612,420.00
18 January 2022	3,300	197.46	651,618.00
Total	13,200		2,717,541.00
Accumulated under the programme	508,453		102,831,918.23

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

Following these transactions, H+H holds 578,653 shares as treasury shares, corresponding to 3.22 percent of the Company’s total share capital.

For further information please contact:

Andreas Holkjær

Head of Investor Relations and Treasury

+45 24 48 03 67

[email protected]

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Transactions in connection with share buy-back programme

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