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:
|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