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Demant Share Issue/Capital Change 2016

May 31, 2016

3360_rns_2016-05-31_c1be1c95-73c2-495c-a1b5-eccc1b3611a9.pdf

Share Issue/Capital Change

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William Demant

Company announcement no 2016-11

31 May 2016

Change in the share capital in William Demant Holding A/S

With reference to Company Announcement no 2016-09, it was decided at William Demant Holding A/S' ordinary general meeting on 7 April 2016 to reduce the Company's share capital by nominally DKK 1,208,870, corresponding to the Company's holding of own shares at 9 March 2016. The Danish Business Authority has been notified of the capital reduction, and the capital reduction has been executed.

In accordance with Section 10 of the Danish Statutory Order on Issuers' Disclosure Obligations, we hereby state that the Company's total share capital and total number of voting rights as of 31 May 2016 amount to:

Share capital (nominal): DKK 53,216,365

Number of voting rights: 266,081,825


Further information:

Niels Jacobsen, President & CEO

Phone +45 3917 7300

www.demant.com

Other contacts:

René Schneider, CFO

Søren B. Andersson, VP IR

Rasmus Sørensen, IR Officer

William Demant Holding A/S

Kongebakken 9

2765 Smørum

Denmark

+45 3917 7300

[email protected]

www.demant.com

CVR 71186911