Share Buy-back Programme completed
Company announcement No 8/2016 — 23 February 2016
On 11 March 2015, Royal Unibrew initiated a share buy-back programme, cf. company announcement no. 2/2015 of 10 March 2015. The programme was implemented in accordance with the provisions of European Commission Regulation no. 2273/2003 of 22 December 2003, also referred to as the Safe Harbour Regulation. The share buy-back programme was expected to be realised in the period from 11 March 2015 to 1 March 2016. The total share buy-back in the period would not exceed a market price of DKK 350 million.
The following transactions have been made under the programme:
| Number of shares |
Average purchase price | Transaction value, DKK | |
| Accumulated, last announcement | 1,363,063 | 248.43 | 338,624,404.49 |
| 15 February 2016 | 5,868 | 271.20 | 1,591,406.29 |
| 16 February 2016 | 6,519 | 273.50 | 1,782,943.89 |
| 17 February 2016 | 11,023 | 274.54 | 3,026,203.71 |
| 18 February 2016 | 6,085 | 277.40 | 1,687,985.09 |
| 19 February 2016 | 6,500 | 277.30 | 1,802,473.40 |
| 22 February 2016 | 5,283 | 280.97 | 1,484,362.94 |
| Accumulated under the programme | 1,404,341 | 249.23 | 349,999,779.81 |
Royal Unibrew's accumulated share buy-back from 11 March 2015 to 22 February 2016 amounts to 1,404,341 shares at a total cost of DKK 350 million. The announced share buy-back programme has thus been completed.
The transactions stated above imply that Royal Unibrew A/S now owns a total of 1,704,341 treasury shares of a nominal value of DKK 2 each, corresponding to 3.1% of the share capital. The total amount of shares in the company is 55,492,500, including treasury shares.
Please direct any queries to me at tel. +45 56 77 15 05.
Yours sincerely
Royal Unibrew A/S
Lars Jensen
CFO