TCM Group

Transaction in Own Shares • Jan 24, 2022

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title:
author: Kromann Reumert
date: 2021-07-24 05:49:00+00:00

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The following transactions have been executed during the period 17 January - 21 January 2022:

17 January 2022

154.44

292,973

18 January 2022

154.47

308,940

19 January 2022

141.88

709,400

20 January 2022

141.29

706,450

21 January 2022

139.99

699,950

For further information please contact:

TCM Group A/S, Skautrupvej 16, DK-7500 Holstebro, Company reg. (CVR) no: 37291269, www.tcmgroup.dk

COMPANY ANNOUNCEMENT

No. 126/2022

Tvis, 24 January 2022

Transactions in connection with share buy-back programme

As mentioned in announcement no. 77/2021, TCM Group A/S (”TCM Group” or ”the Company”) has initiated a share buy-back programme which will run from 26 April 2021 until 11 March 2022. During this period, the Company will buy own shares for up to a maximum of DKK 100 million under the programme.

The share buyback has been set up and structured in accordance with the safe harbour rules in art. 5 of the Market Abuse Regulation and the European Commission Regulation 1052/2016 of 8 March 2016.

Date

No. of shares

Average price (DKK)

Total value (DKK)

Accumulated, last announcement

559,901

87,800,125

1,897

154.44

292,973

2,000

154.47

308,940

5,000

141.88

709,400

5,000

141.29

706,450

5,000

139.99

699,950

Total

18,897

2,717,713

Accumulated under the programme

578,798

90,517,838

Following these transactions, TCM Group A/S holds 864,512 shares as treasury shares, corresponding to 8.6 percent of the Company’s total share capital.

An overview showing the transaction data for the period 17 January - 21 January 2022 is enclosed.

Torben Paulin, CEO, TCM Group A/S, +45 21 21 04 64

About TCM Group

TCM Group is Scandinavia’s third largest manufacturer of kitchens and furniture for bathrooms and storage. The products are designed and 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 Køkkener and Nettoline. Combined, the brands cater for the entire price spectrum, and are sold through c. 140 dealers in Denmark and the rest of the Scandinavia. TCM Group sells private label kitchens through DIY stores in Denmark and independent kitchen stores in Norway. TCM Group is supplier to the 45% owned e-commerce kitchen business Celebert, which operates under the brands kitchn.dk, billigskabe.dk, Celebert and Just Woods. See www.tcmgroup.dk for more information.