14 sep: Udstedelse af hybrid Tier 1 kapital på EUR 150 mio.
14 sep: Danske Bank udsteder strukturerede obligationer knyttet til udvik..
14-09-2017 17:37:03

H+H International A/S - Participation in the 2017 matching share programme and share buyback

Relateret indhold
15 nov - 
H+H/CEO: Rusland er den største bidragsyder til indtjen..
15 nov - 
H+H Q3: Indtjeningen får et løft trods lavere omsætning
15 nov - 
Aktier/tendens: Genmab tager fokus på dag med røde fort..
Relateret debat
09 nov - 
Har du en direkte link?
09 nov - 
Meget positiv ny analyse fra Danske Bank, hvor kursm&ar..

Copenhagen, Denmark, 2017-09-14 17:37 CEST (GLOBE NEWSWIRE) --

 

H+H International A/S

Lautrupsgade 7, 6th. Floor

2100 Copenhagen Ø

Denmark

Tel.: +45 35 27 02 00

www.HplusH.com

Company reg. no. 49 61 98 12

LEI 213800GJODT6FV8QM841

 

 

 

 

Participation in the 2017 matching share programme and future buyback of shares to cover the programme obligations

Reference is made to company announcement No. 242 of 23 May 2011 in which the established matching share programme is described, as well as to the Guidelines for remuneration to the Board of Directors and the Executive Board, including general guidelines for incentive pay to the Executive Board. Pursuant to the matching share programme terms and the Guidelines, H+H International A/S‘s CEO Michael T Andersen and CFO Ian L Perkins have entered the 2017 matching share programme vesting in March 2020 when the annual report for 2019 is announced. Michael T Andersen has invested 3,571 H+H shares and Ian L Perkins has invested 2,149 H+H shares in the 2017 programme, and they have both done so by transferring the shares from their existing shareholding in H+H International A/S.

In addition to the members of the Executive Board, four key employees in the H+H group participate in the 2017 matching share programme. In total, the key employees‘ investments into the 2017 programme make up 5,858 H+H shares, which shares have all been purchased by the key employees during the first open trading window since publication of the 2016 annual report, which trading window has just closed.

Each share invested under the matching share programme gives the participant the opportunity to be granted up to three H+H shares (i.e. matching shares) depending on the extent of fulfilment of the general and specific vesting conditions set for the 2017 programme.

The theoretical market value of the participation in the 2017 programme is estimated to maximum DKK 989,881 for CEO Michael T Andersen, maximum DKK 598,475 for CFO Ian L Perkins and maximum DKK 1,623,838 in total for the four other key employees.

To partially cover H+H International A/S’s possible future obligations to grant matching shares under the 2017 matching share programme when it vests in March 2020, the Board of Directors has decided to make use of the authorisation granted by the general meeting to the company to acquire treasury shares (see company announcement No. 346 of 26 April 2017). Accordingly, the company will acquire approx. 10,000 treasury shares, equivalent to 0.09% of the company’s share capital. The company will engage Danske Bank A/S to buy back the shares. The buyback is planned to take place during the trading window of four weeks starting from 15 November 2017 after announcement of the interim financial report for Q1-Q3 2017, provided that the company does not have to delay the buyback due to the existence of inside information or due to unavailability of shares for sale under the terms of the authorisation granted by the general meeting.

The company currently holds 53,174 treasury shares equivalent to 0.49% of the company’s share capital. The said treasury shares are held to partially cover the company’s possible future obligations to grant matching shares under the 2015 – 2016 matching share programmes.

 

Kent Arentoft

Chairman of the Board of Directors

Michael T Andersen

CEO

 

For additional information please contact:

Michael T Andersen, CEO, or Bjarne Pedersen, Vice President, Business Development & IR,

tel.: +45 35 27 02 00.

Opret kommentar

Relateret debat

  • 1 uge
  • 1 måned
  • 1 År
Ingen indlæg

Pandora/ABG: Mindre sats på kursfald hos hedgefond luner aktiekursen

22-11-2017 15:47:15
Pandora har haft et hårdt 2017 på aktiemarkedet, hvilket er blevet forstærket af, at en håndfuld store investeringsselskaber har shortet aktien og dermed satset på kursfald.Derfor er det positivt for aktiekursen, at den amerikanske hedgefond Maverick Capital har mindsket sin shortposition til 0,97 pct. af aktierne fra tidligere 1,31 pct.- Det er den første større shortreduktion, vi har set gennem ..

Vestas/Sydbank: Vindmølleindustrien risikerer endnu lavere priser

22-11-2017 14:28:26
Priserne på vindmøller har været nedadgående de seneste måneder, og Vestas og de andre aktører i branchen skal ikke forvente, at det værste er overstået.Det vurderer aktieanalytiker Jacob Pedersen fra Sydbank, efter at den seneste store vindauktion i Tyskland blev afgjort med prisfald på 11 pct.- Priserne matcher meget godt den udvikling, vi har set og hørt om fra vindmølleproducenterne, så hvis m..

Novo/dir: Vækst i biofarma er afhængig af tilkøb

22-11-2017 10:07:28
Novo Nordisks ambition om at vende den negative udvikling for selskabets biofarmaforretning, så den atter kan begynde at vokse frem mod 2020, er afhængig af tre dele, herunder opkøb.Det fortalte direktør for Novos bløderdivision, Christian Kanstrup, tirsdag på Novos kapitalmarkedsdag.Salget af Novos blødermiddel Novoseven er under pres fra det konkurrerende blødermiddel Hemlimbra fra Roche, som No..

Mest læste nyheder

  • 24 timer
  • 48 timer
  • 1 uge
1
Aktier/tendens: Genmab, Vestas og Pandora fortsat i fokus
2
Vestas får første russiske ordre nogensinde - NY
3
Vestas/CS: Prisudvikling og arbejdskapital koster på kursmålet - NY
4
Vestas: Ny tysk vindauktion understreger stort prispres
5
Vestas/Sydbank: Vindmølleindustrien risikerer endnu lavere priser

Relaterede aktiekurser

H+H International A/S 126,00 2,4% Stigning i aktiekurs

Køb- og salgsanbefalinger

  • Trend
  • Pengemaskinen

Copyright Euroinvestor A/S 2017  Disclaimer Privatlivspolitik
Aktieinformation leveres af Morningstar.
Data er forsinket 15-20 minutter iht. de enkelte børsers regler om videredistribution.
 
22. november 2017 19:14:36
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20171108.1 - EUROWEB6 - 2017-11-22 19:14:36 - 2017-11-22 19:14:36 - 1 - Website: OKAY