Herlev, 2017-03-29 13:07 CEST (GLOBE NEWSWIRE) --
On 6 March, DLH A/S began our share buyback program referred to in Company Announcement 08/2017. The program is implemented in accordance with the provisions of European Parliament and Council Regulation (EU) no. 596/2014 of 16 April 2014 on market abuse (market abuse regulation).
On the commencement of the program it was stated that the purpose of the program was to adapt the company's capital structure and that the Board of Directors would judge the annual general meeting to propose that DLH's share capital be reduced by the number of shares that had been purchased under the program. Due to the limited number of shares purchased under the program, the Board of Directors has today decided to defer capital reduction to a later date. The Board of Directors will not propose a capital reduction at the Annual General Meeting.
Under the program, DLH A/S intends to buy back shares for an amount of up to DKK 6 million. In the period from 6 March to 28 March 2017, the share buyback program has now been completed
The following transactions have been made under the program:
| Number of shares | Average purchase price, DKK | Value of the program, DKK | |
| Total according to latest message | 816.554 | 1.020.340 | |
| 24. march 2017 | - | 0,00 | - |
| 27. march 2017 | - | 0,00 | - |
| 28. march 2017 | - | 0,00 | - |
| Total doing The share buy back program | 816.554 | 1.020.340 |
With the transactions stated above, DLH A/S owes a total of 998,742 shares, corresponding to 1.9% of the Company's share capital
In accordance with Regulation (EU) no. 596/2014 all transactions related to the program is presented in detail in the spreadsheet attached to this Announcement.
Inquiries concerning this announcement can be made on telephone no. +45 41 95 38 29.
