Share buy-back programme of DKK 60 million has been completed

March 26, 2012 at 3:10 AM EDT

Company announcement No 17/2012 —   26 March 2012

 

 

 

 

 

On 1 December 2011, Royal Unibrew initiated a share buy-back programme, cf. company announcement no. 41/2011 of 30 November 2011. 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 01 December 2011 to 27 April 2012 at the latest. The total share buy-back in the period would not exceed a market price of DKK 60 million.

 

The following transactions have been made under the programme:

 

 

  Number of
shares		 Average purchase price Transaction value, DKK
Accumulated, last announcement 162,896 331.15 53,942,247.06
March 19, 2012 3,100 390.08 1,209,248.00
March 20, 2012 2,000 383.49 766,980.00
March 21,  2012 3,610 384.57 1,388,297.70
March 22, 2012 4,300 378.29 1,448,472.41
March 23, 2012 3,280 379.50 1,244,760.00
Accumulated under the programme 178,715 335.73 60,000,005.17

 

Royal Unibrew's accumulated share buyback from 1 December 2011 to 23 March 2012 amounted to 178,715 shares at a total cost of DKK 60 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 637,763 treasury shares of a nominal value of DKK 10 each, corresponding to 5.7% of the share capital. The total amount of shares in the company is 11,186,498, including treasury shares.

 

The Board of Directors intends to propose to the AGM cancellation of any treasury shares not applied towards meeting the obligations under the Group's former option programme.

 

Please direct any queries to me at tel. +45 56 77 15 05.

 

Yours sincerely

Royal Unibrew A/S

 

 

Lars Jensen

CFO