Demant A/S

Demant A/S: Transactions with Demant shares by managers and closely related parties

10.1.2024 11:58:29 CET | Demant A/S | Managers' Transactions

Company announcement no 2024-01

10 January 2024

Transactions with Demant shares by managers and

closely related parties

 

Notification pursuant to article 19 of the Market Abuse Regulation.

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Søren Nielsen

2.

Reason for the notification

a)

Position/status

President & CEO

b)

Initial notification/amendment

Initial notification

3)

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Demant A/S

b)

LEI

213800RM6L9LN78BVA56

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial

instrument, type of instrument

 

Identification code

Shares

 

 

DK0060738599

b)

Nature of the transaction

Purchase of shares under share salary arrangement in accordance with section 7p of the Danish Tax Assessment Act, i.e. voluntary conversion of part of the remuneration into shares. Sign-up for participation in the arrangement was done at the beginning of 2023.

c)

Price(s) and volume(s)

Price(s)                            Volume(s)

 

Allocated shares in Q1:

 

DKK 194.88 per share        1,554 shares

 

The share price corresponds to the average share price quoted on Nasdaq Copenhagen in week 4 of 2023.

 

Allocated shares from April until December:

 

DKK 283.94 per share       369 shares

DKK 275.51 per share        380 shares

DKK 269.92 per share       388 shares

DKK 262.68 per share       398 shares

DKK 288.07 per share       363 shares

DKK 283.40 per share       369 shares

DKK 259.96 per share       402 shares

DKK 288.04 per share       363 shares

DKK 290.36 per share       360 shares

 

The share price corresponds to share price of the 8th trading day following the conclusion of the respective month.

d)

Aggregated information:

- Aggregated volume

- Price

 

Aggregated volume: 4,946 shares

Price: DKK 1,243,930.00

e)

Date of the transaction

8 January 2024

f)

Place of the transaction

Nasdaq Copenhagen A/S

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

René Schneider

2.

Reason for the notification

a)

Position/status

CFO

b)

Initial notification/amendment

Initial notification

3)

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Demant A/S

b)

LEI

213800RM6L9LN78BVA56

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial

instrument, type of instrument

 

Identification code

Shares

 

 

DK0060738599

b)

Nature of the transaction

Purchase of shares under share salary arrangement in accordance with section 7p of the Danish Tax Assessment Act, i.e. voluntary conversion of part of the remuneration into shares. Sign-up for participation in the arrangement was done at the beginning of 2023.

c)

Price(s) and volume(s)

Price(s)                            Volume(s)

 

Allocated shares in Q1:

 

DKK 194.88 per share        1,137 shares

 

The share price corresponds to the average share price quoted on Nasdaq Copenhagen in week 4 of 2023.

 

Allocated shares from April until December:

 

DKK 283.94 per share       267 shares

DKK 275.51 per share        273 shares

DKK 269.92 per share       279 shares

DKK 262.68 per share       286 shares

DKK 288.07 per share       261 shares

DKK 283.40 per share       265 shares

DKK 259.96 per share       289 shares

DKK 288.04 per share       261 shares

DKK 290.36 per share       259 shares

 

The share price corresponds to share price of the 8th trading day following the conclusion of the respective month.

d)

Aggregated information:

- Aggregated volume

- Price

 

Aggregated volume: 3,577 shares

Price: DKK 899,308.35

e)

Date of the transaction

8 January 2024

f)

Place of the transaction

Nasdaq Copenhagen A/S

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Niels Wagner

2.

Reason for the notification

a)

Position/status

President of Hearing Care

Member of the Executive Board

b)

Initial notification/amendment

Initial notification

3)

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Demant A/S

b)

LEI

213800RM6L9LN78BVA56

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial

instrument, type of instrument

 

Identification code

Shares

 

 

DK0060738599

b)

Nature of the transaction

Purchase of shares under share salary arrangement in accordance with section 7p of the Danish Tax Assessment Act, i.e. voluntary conversion of part of the remuneration into shares. Sign-up for participation in the arrangement was done at the beginning of 2023.

c)

Price(s) and volume(s)

Price(s)                            Volume(s)

 

Allocated shares in Q1:

 

DKK 194.88 per share        901 shares

 

The share price corresponds to the average share price quoted on Nasdaq Copenhagen in week 4 of 2023.

 

Allocated shares from April until December:

 

DKK 283.94 per share       214 shares

DKK 275.51 per share        221 shares

DKK 269.92 per share       225 shares

DKK 262.68 per share       231 shares

DKK 288.07 per share       211 shares

DKK 283.40 per share       214 shares

DKK 259.96 per share       233 shares

DKK 288.04 per share       211 shares

DKK 290.36 per share       209 shares

 

The share price corresponds to share price of the 8th trading day following the conclusion of the respective month.

d)

Aggregated information:

- Aggregated volume

- Price

 

Aggregated volume: 2.870 shares

Price: DKK 722,250.02

e)

Date of the transaction

8 January 2024

f)

Place of the transaction

Nasdaq Copenhagen A/S

 

 

Further information:

Mathias Holten Møller, Head of Investor Relations

Peter Pudselykke, Investor Relations Officer

Henrik Axel Lynge Buchter, Communication Manager

 

Phone +45 3917 7300

www.demant.com

 

Contacts

Henrik Axel Lynge Buchter

External Communication Manager

Corporate Communication & Sustainability

heey@demant.com

About Demant A/S

Demant is a world-leading hearing healthcare group that offers solutions and services to help people with hearing loss connect with the world around them. In every aspect, from hearing devices, hearing implants, diagnostics to audio and video solutions and hearing care all over the world, Demant is active and engaged. Our innovative technologies and know-how help improve people’s health and hear-ing. We create life-changing differences through hearing health.

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