Demant A/S: Transactions with Demant shares by managers and closely related parties
January 03, 2022 at 07:08 am EST
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3.1.2022 13:07:47 CET | Demant A/S |
Managers' Transactions
Company announcementno 2022-01
3 January 2022
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
Identication 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 2021. The share price corresponds to the average share price quoted on Nasdaq Copenhagen in week 3, 2021.
c)
Price(s) and volume(s)
Price(s) Volume(s)
DKK 237.20 per share 6,405 shares
d)
Aggregated information:
- Aggregated volume
- Price
Aggregated volume: 6,405 shares
Price: DKK 1,519,266.00
e)
Date of the transaction
30 December 2021
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
Identication 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 2021. The share price corresponds to the average share price quoted on Nasdaq Copenhagen in week 3, 2021.
c)
Price(s) and volume(s)
Price(s) Volume(s)
DKK 237.20 per share 1,665 shares
d)
Aggregated information:
- Aggregated volume
- Price
Aggregated volume: 1,665 shares
Price: DKK 394,938,00
e)
Date of the transaction
30 December 2021
f)
Place of the transaction
Nasdaq Copenhagen A/S
1.
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Casper Jensen
2.
Reason for the notification
a)
Position/status
Member of the Board of Directors (staff-elected)
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
Identication 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 2021. The share price corresponds to the average share price quoted on Nasdaq Copenhagen in week 3, 2021.
c)
Price(s) and volume(s)
Price(s) Volume(s)
DKK 237.20 per share 694 shares
d)
Aggregated information:
- Aggregated volume
- Price
Aggregated volume: 694 shares
Price: DKK 164,616,80
e)
Date of the transaction
30 December 2021
f)
Place of the transaction
Nasdaq Copenhagen A/S
Further information:
Mathias Holten Møller, Head of Investor Relations
Peter Pudselykke, Investor Relations Officer
Trine Kromann-Mikkelsen, VP Corporate Communications and Relations
Phone +45 3917 7300
www.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.
Attachments
2022-01 Managers and closely related parties transactions with Demant shares.pdf
Demant A/S is the world's 2nd leading producer of audio products. Net sales (excluding activities held for sale) break down by family of products as follows:
- tailor-made hearing aids (44.7%): hearing aid and audiphones sold under the Oticon, Bernafon, Philips and Sonic brands;
- hearing care products (40.5%): sold in clinics under the brands Audika, HearingLife, Hidden Hearing and Acústica Médica;
- diagnostic products (1116%): audiometers sold under the brands Maico, Interacoustics, amplivox, gsi, MedRx and audioscan;
- business communication solutions (3.7%).
Net sales (excluding activities held for sale) are distributed geographically as follows: Denmark (1.2%), France (9.9%), Europe (29.7%), the United States (34.1%), North America (7%), Asia (10.4%), Pacific (4.9%) and other (2.8%).