Demant A/S: Completion of capital reduction

Company announcement no 2022-08

25 April 2022

 

Completion of capital reduction in Demant A/S

 

 

As stated in company announcement no. 2022-07, it was decided at Demant A/S’ ordinary general meeting on 10 March 2022 to reduce the company’s share capital by nominally DKK 1,949,819.60 divided into 9,749,098 shares of DKK 0.20, corresponding to the company’s holding of treasury shares at 27 January 2022 less shares to cover Management’s retention programme and the share salary arrangement offered to employees.

 

The capital reduction was published via the electronic information system of the Danish Business Authority on 25 March 2022. The advertisement period expired without any objections being raised. Consequently, we have notified the Danish Business Authority of the capital reduction. After the capital reduction, the share capital of Demant A/S amounts to nominally DKK 46,075,747.00.

 

In accordance with section 32 of the Danish Capital Markets Act, we hereby state that the company’s total share capital and total number of voting rights amount to:

 

Share capital (nominal):     DKK 46,075,747.00

Number of voting rights:     230,378,735

 

 

Further information: Søren Nielsen, President & CEO Phone +45 3917 7300 www.demant.com

Other contacts: René Schneider, CFO Mathias Holten Møller, Head of Investor Relations Peter Pudselykke, Investor Relations Officer Trine Kromann-Mikkelsen, VP Corporate Communications and Relations