Transactions in connections with share buy-back program

        Print
| Source: Chr.Hansen Holding A/S
multilang-release

Hoersholm, 2014-05-05 13:33 CEST (GLOBE NEWSWIRE) --  

Company announcement no.19/2014

On 15 January 2014 Chr. Hansen initiated a share buy-back program in compliance with the EU Commission Regulation no. 2273/2003 of 22 December 2003 (the Safe Harbor regulation). The purpose of the share buy-back program is to adjust the capital structure by distributing excess capital to the shareholders.

Under the program Chr. Hansen will buy-back shares for an amount of up to EUR 80,000,000 in the period from 15 January 2014 to 22 August 2014.

The following transactions have been made under the program in the period 28 April 2014 to 2 May 2014: 

    No. of Shares Average Price, DKK Transaction value, EUR
1: 28 April 2014 10,256 242.14 332,888
2: 29 April 2014 3,000 243.19 97,796
3: 30 April 2014 20,000 242.49 650,103
4:   1 May 2014 4,387 243.44 143,157
5:   2 May 2014 5,692 243.80 186,021
Accumulated under the program 1,288,064   37,769,915

Following the above transactions, Chr. Hansen owns a total of 2,682,399 treasury shares corresponding to 2.0% of the issued share capital.

 

For further information, please contact:

Anders Mohr Christensen, Senior Director, Investor Relations
Tel: +45 4574 7618

 

About Chr. Hansen

Chr. Hansen is a global bioscience company that develops natural ingredient solutions for the food, nutritional, pharmaceutical and agricultural industries. Products include cultures, enzymes, probiotics and natural colors, and all solutions are based on strong research and development competencies coupled with significant technology investments. Revenue in the 2012/13 financial year was EUR 738 million. The Company holds a leading market position in all its divisions: Cultures & Enzymes, Health & Nutrition and Natural Colors. It has more than 2,500 dedicated employees in 30 countries and main production facilities in Denmark, France, the US and Germany. Chr. Hansen was founded in 1874 and is listed on NASDAQ OMX Copenhagen. For further information, please visit www.chr-hansen.com.