Actions linked to the action
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|
|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