Company announcement 1/2022
With reference to company announcement no. 21/2021 dated
Including the share buyback programme of
The share buyback programme will be executed in accordance with EU Market Abuse Regulation, EU Regulation no. 596/2014 of
Share buyback terms
- The share buyback programme will run from
4 January 2022 to31 March 2022 , both days inclusive.
- The maximum amount that HusCompagniet may pay for shares purchased under the share buyback programme is
DKK 40 million , and no more than 316,942 shares, corresponding to 1.6% of the current share capital of HusCompagniet, may be purchased.
- HusCompagniet has appointed
Nordea Danmark , Filial afNordea Bank Abp ,Finland (“Nordea”) to manage the share buyback on behalf of the company. Nordea will complete all share purchases independently and without the involvement of HusCompagniet.
- No shares may be bought back at a price exceeding the higher of (i) the highest share price of the latest independent trade and (ii) the highest current independent offer price at Nasdaq Copenhagen at the time of trading.
- The maximum number of HusCompagniet shares which may be purchased on each business day may not exceed 25% of the average daily trading volume of HusCompagniet shares on Nasdaq Copenhagen over the last 20 trading days prior to the date of purchase.
- The reporting obligations under Danish law and the rules of Nasdaq Copenhagen must be fulfilled within the applicable time limits.
A company announcement of any transactions under the programme will be published every week, starting
As of today,
For additional information, please contact:
HusCompagniet
Cristina Rønde Hefting, Head of IR & Press +45 51 96 23 14
About HusCompagniet
HusCompagniet is a leading provider of single-family detached houses in
The Group operates an asset-light and flexible delivery model with on-site building, primarily on customer-owned land. The majority of construction is outsourced to sub-contractors, allowing for a flexible cost base. In 2020, HusCompagniet generated revenue of approximately
HusCompagniet delivered 1,638 houses in 2020, of which 1,355 were detached houses in
Attachments
- 1 Launch of share buyback programme.pdf
© Ritzau Denmark, source