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Royal UNIBREW
Transaction in Own Shares • Mar 20, 2020
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Transaction in Own Shares
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Share buy-back Program suspended
Share buy-back Program suspended
COMPANY ANNOUNCEMENT NO 11/2020 – 20 MARCH 2020
On 10 March 2020, Royal Unibrew initiated a share buy-back program, cf. company announcement no. 4/2020 of 10 March 2020. The program is carried out under Art. 5 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (the Market Abuse Regulation - MAR) and the resulting delegated legislation. The share buy-back program is expected to be realised in the period from 7 March 2019 to 31 October 2019 and will not exceed a market price of DKK 400 million.
The share buy-back program was suspended as per 19 March 2020, cf. company announcement no 10/2020 of 19 March 2020.
The following transactions have been made under the program:
| Number of Shares |
Average purchase price | Transaction value, DKK | |
| Accumulated, last announcement | 35,000 | 446.59 | 15,630,800.00 |
| 16 March 2020 | 19,000 | 395.83 | 7,520,838.40 |
| 17 March 2020 | 18,000 | 379.49 | 6,830,787.60 |
| 18 March 2020 | 20,000 | 373.74 | 7,474,760.00 |
| 19 March 2020 | 20,000 | 356.53 | 7,130,566.00 |
| Accumulated under the program | 112,000 | 398,10 | 44,587,752.00 |
Royal Unibrew’s accumulated share buy-back from 10 March 2020 to 19 March 2020 amounts to 112,000 shares at a total cost of DKK 44.587.752 million. The announced share buy-back program has thus been completed.
The transactions stated above imply that Royal Unibrew A/S now owns a total of 925,703 treasury shares of a nominal value of DKK 2 each, corresponding to 1.8% of the share capital. The total amount of shares in the company is 50,100,000, including treasury shares.
For further information on this Announcement:
Lars Jensen, CFO, tel (+45) 29 23 00 44
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