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

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