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COMPANY ANNOUNCEMENT

N ° 99/2021

Tvis, August 23, 2021

Transactions under the share buyback program

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

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

The following transactions were executed during the period August 16 to August 20, 2021:

Dated Number of actions Average price (DKK) Total value (DKK)
Cumulation, last announcement 301 682 47,868,769
August 16, 2021 1,806 157.00 283 542
August 17, 2021 507 155.95 79,067
August 18, 2021 4,543 156.72 711,979
August 19, 2021 5,000 154.86 774,300
August 20, 2021 5,000 156.70 783,500
Total 16 856 2,632,388
Cumulation within the framework of the program 318,538 50 501 157

Following these transactions, TCM Group A / S holds 604,252 treasury shares, corresponding to 6.0 percent of the total share capital of the Company.

An overview showing transaction data for the period August 16 to August 20, 2021 is attached.

For more information please contact:
Torben Paulin, CEO, TCM Group A / S, +45 21 21 04 64

About TCM Group

TCM Group is the third Scandinavian manufacturer of kitchens and bathroom furniture and storage. The products are designed and made in Denmark and rooted in a proud tradition of good quality and craftsmanship. TCM Group pursues a multi-brand strategy, of which the main brand is Svane Køkkenet and the other brands are Tvis Køkkener and Nettoline. Combined, the brands cover the entire price range and are sold through c. 140 dealers in Denmark and the rest of Scandinavia. TCM Group sells private label kitchens through DIY stores in Denmark and independent kitchen stores in Norway. TCM Group is the supplier to Celebert, a 45% owned e-commerce kitchen company, which operates under the brands kitchn.dk, billigskabe.dk, Celebert and Just Woods. See www.tcmgroup.dk for more information.

  • 99. Transactions under the share buyback program

  • 99. specification appendix dated 16.08. – 20.08.2021


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