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H+H International
Transaction in Own Shares • Jun 8, 2022
3404_dirs_2022-06-08_180d0444-8335-4bd6-b498-d615c31ed807.pdf
Transaction in Own Shares
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Company announcement No. 491, 2022 CORRECTION – Transactions in connection with share buy-back programme
H+H International A/S Lautrupsgade 7, 5. 2100 Copenhagen Ø Denmark
Telephone +45 35 27 02 00 [email protected] www.HplusH.com
CVR No. 49 61 98 12 LEI: 3800GJODT6FV8QM841
Date: 8 June 2022
Correction: In Company Announcement no. 487 of 11 May 2022 through Company Announcement no. 490 of 1 June 2022, which all related to transactions in connection with the ongoing share buy-back programme, H+H International A/S's total holding of treasury shares was stated to be too high by a total number of 483,365 shares corresponding to 2.76 percent of the current total share capital. Accordingly, Company Announcement no. 490 of 11 May 2022 below has been corrected.
On 3 March 2022, 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").
The share buy-back programme is expected to be realised over a 12-month period, starting from 4 March 2022. Under the share buy-back programme, H+H may repurchase shares up to a maximum amount of DKK 150 million. Please refer to Company Announcement no. 469 of 3 March 2022 for more information about the share buy-back programme.
| No. of shares | Average price (DKK) | Total value (DKK) | |
|---|---|---|---|
| Accumulated, last announcement | 255,900 | 175.53 | 44,919,321.00 |
| 25 May 2022 | 6,000 | 162.20 | 973,200.00 |
| 30 May 2022 | 5,000 | 166.30 | 831,500.00 |
| 31 May 2022 | 6,000 | 161.20 | 967,200.00 |
| Total | 17,000 | 163.05 | 2,771,900.00 |
| Accumulated under the programme | 272,900 | 174.76 | 47,691,221.00 |
The following transactions were executed under the share buy-back programme from 25 May 2022 to 31 May 2022:
Details of each transaction are included as an appendix to this announcement.
Following these transactions, H+H holds 381,531 shares as treasury shares, corresponding to 2.18 percent of the Company's current total share capital.
For further information please contact:
Andreas Holkjær Head of Investor Relations and Treasury +45 24 48 03 67 [email protected]