H+H International

Transaction in Own Shares • Nov 18, 2015

Company Announcement No. 329, 2015

Copenhagen, Denmark, 2015-11-18 12:21 CET (GLOBE NEWSWIRE) --

H+H International A/S
Dampfærgevej 3, 3rd Floor
2100 Copenhagen Ø
Denmark
Tel.: +45 35 27 02 00
www.HplusH.com
Company reg. no. 49 61 98 12

H+H International A/S to buy back shares to cover obligations under matching
share programmes

Today the Board of Directors of H+H International A/S ("the company") has
decided to make use of part of the authorisation granted by the general meeting
to the company to acquire treasury shares (see Company Announcement No. 323 of
14 April 2015). The company presently holds only 441 treasury shares out of the
10,790,019 shares of DKK 10 that make up the company’s total share capital.

The acquisition of treasury shares is being made to partially cover the
company’s possible obligations under the three ongoing matching share
programmes initiated in 2013, 2014 and 2015, respectively (see Company
Announcement No. 242 of 23 May 2011 for more information on the main terms of
the matching share programmes for key employees).The vesting period for each
programme is three years, and up to three matching shares will vest per
investment share purchased by the employee, depending on the degree of
fulfilment of various performance criteria defined at the initiation of each
programme.

In total, the company plans to acquire up to 50,000 treasury shares, equivalent
to 0.46% of the company’s share capital, to partly cover its obligations under
the three programmes initiated in 2013-2015. The company has retained Danske
Bank A/S to buy back the shares. The buyback is expected to be completed by
April 2016, provided that the company does not have to delay these purchases
due to the existence of insider information or due to unavailability of shares
for sale under the terms of the authorisation granted by the general meeting.

Kent Arentoft
Chairman of the Board of Directors

Michael T Andersen
CEO

For additional information please contact:
Michael T Andersen, CEO, or Bjarne Pedersen, Vice President, Business
Development & IR,
tel.: +45 35 27 02 00.

This is a translation of the company's announcement in Danish. In case of
inconsistency between the Danish text and this English translation, the Danish
text will take precedence.