Transactions in connection with share buyback programme

Company announcement 8/2022

On 4 January 2022, HusCompagniet A/S (“HusCompagniet”) launched a share buyback programme, as described in Company Announcement No. 1/2022. According to the programme, HusCompagniet will in the period from 4 January 2022 to 31 March 2022 purchase own shares up to a maximum value of DKK 40 million and no more than 316,942 shares, corresponding to 1.6% of the share capital at commencement of the programme. The share buyback programme has been implemented in accordance with EU Market Abuse Regulation, EU Regulation no. 596/2014 of 16 April 2014 and the provisions of Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (the “Safe Harbour Regulation”).

The following transactions were executed under the share buy-back programme from 14 February 2022 to 18 February 2022:

	No. of shares	Average price (DKK)	Total value (DKK)
Accumulated, since last reporting	142,056	118.21	16,793,068
14 February 2022	3,689	114.08	420,858
15 February 2022	9,000	118.88	1,069,883
16 February 2022	6,553	117.89	772,502
17 February 2022	9,480	117.02	1,109,308
18 February 2022	11,500	117.42	1,350,348
Total	40,222	117.42	4,722,900
Accumulated under the programme	182,278	118.04	21,515,968

As of today, HusCompagniet holds 1,865,336 treasury shares, corresponding to 9.33% of HusCompagniets share capital.

Details of each transaction made are enclosed.

 

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 Denmark. The company also builds semi-detached houses to both private consumers and professional investors and has a presence in Sweden where it produces prefabricated wood-framed detached houses through its VårgårdaHus brand.

 

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 DKK 3.6 billion.

 

HusCompagniet delivered 1,638 houses in 2020, of which 1,355 were detached houses in Denmark, corresponding to a market share of approximately 24% of the Danish detached-house new build market segment. HusCompagniet has 15 offices with showrooms and more than 60 show houses throughout Denmark, and also offers digital sales through the online platform “HusOnline”. HusCompagniet currently has more than 400 employees.