Share buy-back Program completed
COMPANY ANNOUNCEMENT NO 50/2019 – 1 NOVEMBER 2019
On 6 March 2019, Royal Unibrew initiated a share buy-back program, cf. company announcement no. 9/2019 of 6 March 2019. 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. The total share buy-back in the period will not exceed a market price of DKK 400 million.
The following transactions have been made under the program:
|Average purchase price||Transaction value, DKK|
|Accumulated, last announcement||779,400||505.74||394,174,179.61|
|28 October 2019||2,000||533.40||1,066,807.20|
|29 October 2019||3,900||544.65||2,124,117.84|
|30 October 2019||1,700||547.69||931,074.19|
|31 October 2019||3,000||553.07||1,659,216.60|
|Accumulated under the program||790,000||506.27||399,955,395.44|
Royal Unibrew’s accumulated share buy-back from 7 March 2019 to 31 October 2019 amounts to 790,000 shares at a total cost of DKK 400 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 883,509 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