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Demant Share Issue/Capital Change 2019

Apr 23, 2019

3360_rns_2019-04-23_64e3070a-9d89-4e6f-95e6-ae3fd04f3377.pdf

Share Issue/Capital Change

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Demant

Company announcement no 2019-05

23 April 2019

Completion of capital reduction in Demant A/S

As stated in Company announcement no. 2019-04, it was decided at Demant A/S' ordinary general meeting on 19 March 2019 to reduce the Company's share capital by nominally DKK 1,416,188 divided into 7,080,940 shares of DKK 0.20, corresponding to the Company's holding of treasury shares at 18 February 2019 with the deduction of shares to cover Management's retention programme and the employees' share salary arrangement.

The capital reduction was published in the electronic information system of the Danish Business Authority on 23 April 2019. The advertisement period expired without any objections being raised. Consequently, we have today notified the Danish Business Authority of the capital reduction. After the capital reduction, the share capital of Demant A/S amounts to nominally DKK 49,057,407.

In accordance with Section 32 of the Danish Capital Markets Act, we hereby state that the Company's total share capital and total number of voting rights amount to:

Share capital (nominal): DKK 49,057,407

Number of voting rights: 245,287,035


Further information:

Søren Nielsen, President & CEO

Phone +45 3917 7300

www.demant.com

Other contacts:

René Schneider, CFO

Søren B. Andersson, VP IR

Mathias Holten Møller, IR Officer

Trine Kromann-Mikkelsen, VP Corporate Communication and Relations

Demant A/S

Kongebakken 9

2765 Smørum

+45 3917 7300

[email protected]

www.demant.com

CVR 71186911