Treasury shares exceeding 5% of the share capital and voting rights
October 02 2022 - 11:30PM
Treasury shares exceeding 5% of the share capital and voting rights
In accordance with Section 31 of the Danish Capital Markets Act
it is hereby announced, that H+H International
A/S (hereinafter referred to as “H+H” or “the Company”) owns a
total of 878,931 treasury shares of nominally DKK 10 (in total
nominally DKK 8,789,310), equal to 5.02% of the total share capital
and the total voting rights in the Company and thereby exceeding
the major shareholder threshold of 5%.
The threshold of 5% was reached on 30 September 2022 as a result
of the current share buy-back programme of up to DKK 150 million,
initiated 4 March 2022, see company announcement No. 469 of 3 March
2022.
The share buy-back programme is carried out with the objective
of adjusting the capital structure of H+H, and it is expected that
any shares bought back under the programme, which are not used to
meet obligations relating to the Company’s share-based incentive
programs, will be proposed cancelled at the Annual General Meeting
in 2023.
For further information please contact:
Peter Klovgaard-JørgensenChief Financial Officer +45 35 27 02
00Shareholder@HplusH.com
- 510 - Treasury shares exceeding 5% of share capital and voting
rights
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