TCM Group

Regulatory Filings • Dec 22, 2017

TCM Group A/S: Stabilisation measures taken - stabilisation period ends

TCM Group A/S: Stabilisation measures taken - stabilisation period ends

COMPANY ANNOUNCEMENT

No.
13/2017

Tvis, 22
December 2017

NOT FOR RELEASE OR DISTRIBUTION OR
PUBLICATION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED
STATES, AUSTRALIA, CANADA OR JAPAN OR ANY
OTHER JURISDICTION WHERE THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL

This announcement does not constitute a prospectus and nothing herein contains an offering
of securities.

Stabilisation
measures taken - stabilisation period ends

With reference to the company announcement no. 5/2017
dated 24 November 2017 regarding the beginning of the stabilisation period
following the initial public offering and admission to trading and official
listing of the shares of TCM Group A/S ("TCM Group") on Nasdaq
Copenhagen A/S (the "Offering"), TCM Group has received notification regarding the ending of the stabilisation
period from Carnegie
Investment Bank, filial af Carnegie Investment Bank AB (Publ), Sverige, acting as
Stabilisation Manager in connection with the Offering.

Carnegie Investment Bank,
filial af Carnegie Investment Bank AB (Publ), Sverige has informed TCM Group that during the stabilisation
period, stabilisation transactions have been carried out in TCM Group's shares.
Reference is made to the attached announcement from Carnegie Investment Bank, filial af Carnegie
Investment Bank AB (Publ), Sverige.

For
additional information, please contact:

CEO,
Ole Lund Andersen, TCM Group, +45 97 43 52 00

About
TCM Group

TCM
Group is Scandinavia's third largest manufacturer of kitchens and furniture for
bathrooms and storage. The products are Danish design, produced in Denmark and
rooted in a proud tradition of good quality and good craftsmanship. TCM Group
pursues a multi-brand strategy, under which the main brand is Svane Køkkenet
and the other brands are Tvis, Nettoline and kitchn. Combined, the brands cater
for the entire price spectrum, and are sold through 125 dealers in Denmark and
the rest of the Scandinavia. In addition, TCM Group sells private label
kitchens through a total of more than 150 DIY stores in Denmark and independent
kitchen stores in Norway. See www.tcmgroup.dk for more information.

Important notice

This announcement is not an offer to
sell or a solicitation of any offer to buy any securities issued by TCM Group
in any jurisdiction where such offer or sale would be unlawful and the
announcement and the information contained herein are not for distribution or
release, directly or indirectly, in or into such jurisdictions.

In any member state of the European
Economic Area ("EEA Member State"), other than Denmark, that has implemented
Directive 2003/71/EC as amended (together with any applicable implementing
measures in any member state, the "Prospectus Directive"), this announcement is
only addressed to and is only directed at investors in that EEA Member State
who fulfil the criteria for exemption from the obligation to publish a
prospectus, including qualified investors within the meaning of the Prospectus
Directive as implemented in each such EEA Member State.

Any securities referred to herein have
not been and will not be registered under the U.S. Securities Act of 1933, as
amended (the "Securities Act"), and may not be offered or sold in the United
States absent registration or an exemption from, or in a transaction not
subject to, the registration requirements of the Securities Act. There is no
intention to register any securities referred to herein in the United States or
to make a public offering of the securities in the United States. 

In the United Kingdom, this announcement
and any other materials in relation to the securities described herein are only
being distributed to, and are only directed at, and any investment or
investment activity to which this announcement relates is available only to,
and will be engaged in only with, "qualified investors" (as defined in section
86(7) of the Financial Services and Markets Act 2000) and who are (i) persons
having professional experience in matters relating to investments who fall
within the definition of "investment professionals" in Article 19(5) of the
Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the
"Order"); or (ii) high net worth entities falling within Article 49(2)(a) to
(d) of the Order (all such persons together being referred to as "relevant
persons").  Persons who are not relevant persons should not take any action on
the basis of this announcement and should not act or rely on it.

In connection with the offering, Carnegie Investment Bank, branch of
Carnegie Investment Bank AB (Publ), Sweden (the "Stabilising Manager") (or persons acting on
behalf of the Stabilising Manager) may over-allot securities or effect
transactions with a view to supporting the market price of the securities at a
level higher than that which might otherwise prevail. However, there is no
assurance that the Stabilising Manager (or persons acting on behalf of the
Stabilising Manager) will undertake stabilisation actions. Any stabilisation
action may begin on or after the date of commencement of trading and official
listing of the securities on Nasdaq Copenhagen A/S and, if begun, may be ended
at any time, but it must end no later than 30 days after the date of
commencement of trading and official listing of the securities.

Attachments:

• Appendix - Stabilisation
• Company announcement 13-2017 Stabilisation