Press Releases

Milan, 12 July 2021. DHH S.p.A. (“DHH” or the “Company”) (DHH.MI | WDHH21.MI) (ISIN shares IT0005203622 | ISIN warrants IT0005203689), the cloud computing provider of Southeast Europe, announces today the beginning of a share buyback program, previously authorized by the Shareholders’ Meeting of April 28th, 2021.

The program will take place through purchases made by an independent financial intermediary, MIT SIM S.p.A., which will take the operating decisions concerning the purchases fully independently, also with regards to the timing of the purchasing operations, following the applicable laws and in line with the above-mentioned decision by the Shareholders’ Meeting.

In accordance with the Shareholders’ Meeting resolution, the program provides for the purchase up to a maximum amount of treasury shares which, also taking into account the shares at any time held in the Company’s and its subsidiaries’ portfolio, is not greater than 10% of the number of outstanding shares at any time, against consideration that is no lower or higher than 15% more or 15% less than the reference official stock exchange price registered on the day prior to each transaction.

The purchase of treasury shares for a maximum value of Euro 500.000,00, to be executed within the date of the approval by the Shareholders’ Meeting of the Company’s financial statements related to the year 2021, in compliance with the limits set out in the AIM Regulation.

DHH  will disclose to the market, according to the applicable laws, the details of the purchases made.

The buyback of treasury shares may be carried out according to the modalities allowed by the laws and regulations in force, and, in any case, according to the principle of equal treatment of the shareholders and in compliance with article 25-bis of AIM Italia Issuers Regulations, article 132 of the Legislative Decree no. 58/1998, article 144-bis of Consob Regulations no 11971/1999, as well as with EU Regulations no. 596/2014 and relevant implementing regulations.

As of today, the Company owns 174.245 treasury shares, corresponding to 3,60% of the Company’s share capital.

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