Transaction in Own Shares • Jul 12, 2021
Transaction in Own Shares
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| Informazione Regolamentata n. 20088-30-2021 |
Data/Ora Ricezione 12 Luglio 2021 07:50:55 |
AIM -Italia/Mercato Alternativo del Capitale |
|
|---|---|---|---|
| Societa' | : | DHH | |
| Identificativo Informazione Regolamentata |
: | 149801 | |
| Nome utilizzatore | : | DOMINIONNSS02 - Giandomenico Sica | |
| Tipologia | : | REGEM | |
| Data/Ora Ricezione | : | 12 Luglio 2021 07:50:55 | |
| Data/Ora Inizio Diffusione presunta |
: | 12 Luglio 2021 07:55:03 | |
| Oggetto | : | DHH announces the beginning of a share buyback program |
|
| Testo del comunicato |
Milan, 12 July 2021. DHH S.p.A. ("DHH" or the "Company") (DHH.MI | WDHH21.MI) (ISIN shares IT0005203622 | ISIN warrants IT0005203689), the cloud computing provider of Southeast Europe, announces today the beginning of a share buyback program, previously authorized by the Shareholders' Meeting of April 28th, 2021.
The program will take place through purchases made by an independent financial intermediary, MIT SIM S.p.A., which will take the operating decisions concerning the purchases fully independently, also with regards to the timing of the purchasing operations, following the applicable laws and in line with the above-mentioned decision by the Shareholders' Meeting.
In accordance with the Shareholders' Meeting resolution, the program provides for the purchase up to a maximum amount of treasury shares which, also taking into account the shares at any time held in the Company's and its subsidiaries' portfolio, is not greater than 10% of the number of outstanding shares at any time, against consideration that is no lower or higher than 15% more or 15% less than the reference official stock exchange price registered on the day prior to each transaction.
The purchase of treasury shares for a maximum value of Euro 500.000,00, to be executed within the date of the approval by the Shareholders' Meeting of the Company's financial statements related to the year 2021, in compliance with the limits set out in the AIM Regulation.
DHH will disclose to the market, according to the applicable laws, the details of the purchases made.
As of today, the Company owns 174.245 treasury shares, corresponding to 3,60% of the Company's share capital.
Milan, 12 July 2021. DHH S.p.A. ("DHH" or the "Company") (DHH.MI | WDHH21.MI) (ISIN shares IT0005203622 | ISIN warrants IT0005203689), the cloud computing provider of Southeast Europe, announces today the beginning of a share buyback program, previously authorized by the Shareholders' Meeting of April 28th, 2021.
The program will take place through purchases made by an independent financial intermediary, MIT SIM S.p.A., which will take the operating decisions concerning the purchases fully independently, also with regards to the timing of the purchasing operations, following the applicable laws and in line with the above-mentioned decision by the Shareholders' Meeting.
In accordance with the Shareholders' Meeting resolution, the program provides for the purchase up to a maximum amount of treasury shares which, also taking into account the shares at any time held in the Company's and its subsidiaries' portfolio, is not greater than 10% of the number of outstanding shares at any time, against consideration that is no lower or higher than 15% more or 15% less than the reference official stock exchange price registered on the day prior to each transaction.
The purchase of treasury shares for a maximum value of Euro 500.000,00, to be executed within the date of the approval by the Shareholders' Meeting of the Company's financial statements related to the year 2021, in compliance with the limits set out in the AIM Regulation.
DHH will disclose to the market, according to the applicable laws, the details of the purchases made.
The buyback of treasury shares may be carried out according to the modalities allowed by the laws and regulations in force, and, in any case, according to the principle of equal treatment of the shareholders and in compliance with article 25-bis of AIM Italia Issuers Regulations, article 132 of the Legislative Decree no. 58/1998, article 144-bis of Consob Regulations no 11971/1999, as well as with EU Regulations no. 596/2014 and relevant implementing regulations.
As of today, the Company owns 174.245 treasury shares, corresponding to 3,60% of the Company's share capital.
Established in July 2015 and located in Milan, DHH SpA ("DHH") is a tech-group that provides the "virtual infrastructure" to run websites, apps, e-commerces and software as a service solutions to 100.000+ customers across Southeast Europe (the so-called "Adriatic Sea area"), a geographic area where expected growth rates are higher thanks to current lower digital penetration.
DHH is listed on AIM Italia, a Multilateral Trading Facility regulated by Borsa Italiana S.p.A. and registered as an SME Growth Market.
For more information please visit: www.dhh.international
Via Caldera 21, 20153 Milano +39 02 87365100 [email protected] www.dhh.international
Nominated Adviser (Nomad) Paolo Verna EnVent Capital Markets Ltd. 42 Berkeley Square - London W1J 5AW +44 (0) 2035198451 / +39 06 896841 [email protected] www.enventcapitalmarkets.co.uk
DHH S.p.A. Via Caldera 21, 20153 Milano P.IVA/CF: 09150720960 www.dhh.international
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