TCM Group A/S: Transactions in connection with share buy-back programme
January 03, 2022 at 01:49 am EST
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TCM Group A/S: Transactions in connection with share buy-back programme
COMPANY ANNOUNCEMENT
No. 122/2022
Tvis, 3 January 2022
Transactions in connection with share buy-back programme
As mentioned in announcement no. 77/2021, TCM Group A/S ("TCM Group" or "the Company") has initiated a share buy-back programme which will run from 26 April 2021 until 11 March 2022. During this period, the Company will buy own shares for up to a maximum of DKK 100 million under the programme.
The share buyback has been set up and structured in accordance with the safe harbour rules in art. 5 of the Market Abuse Regulation and the European Commission Regulation 1052/2016 of 8 March 2016.
The following transactions have been executed during the period 27 December - 30 December 2021:
Date
No. of shares
Average price (DKK)
Total value (DKK)
Accumulated, last announcement
540,213
84,698,298
27 December 2021
1,500
158.15
237,225
28 December 2021
1,800
159.48
287,064
29 December 2021
1,500
159.25
238,875
30 December 2021
1,500
158.44
237,660
Total
6,300
1,000,824
Accumulated under the programme
546,513
85,699,122
Following these transactions, TCM Group A/S holds 832,227 shares as treasury shares, corresponding to 8.3 percent of the Company's total share capital.
An overview showing the transaction data for the period 27 December - 30 December 2021 is enclosed.
For further information please contact:
Torben Paulin, CEO, TCM Group A/S, +45 21 21 04 64
About TCM Group
TCM Group is Scandinavia's third largest manufacturer of kitchens and furniture for bathrooms and storage. The products are designed and produced in Denmark and rooted in a proud tradition of good quality and good craftsmanship. TCM Group pursues a multi-brand strategy, under which the main brand is Svane Køkkenet and the other brands are Tvis Køkkener and Nettoline. Combined, the brands cater for the entire price spectrum, and are sold through c. 140 dealers in Denmark and the rest of the Scandinavia. TCM Group sells private label kitchens through DIY stores in Denmark and independent kitchen stores in Norway. TCM Group is supplier to the 45% owned e-commerce kitchen business Celebert, which operates under the brands kitchn.dk, billigskabe.dk, Celebert and Just Woods. See www.tcmgroup.dk for more information.
Attachments
122. Transactions in connection with share buy-back programme
122. appendix specification from 27.12. - 30.12.2021
TCM Group A/S published this content on 03 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 January 2022 06:48:04 UTC.
TCM Group A/S is a Denmark-based kitchen manufacturer. The product offering includes kitchen, bathroom and storage solutions. The Company pursues a multi-brand strategy, under which the main brand is Svane Kokkenet and the secondary brands are Tvis Kokkener, Nettoline, kitchn.dk and private label. Products are mainly marketed through a network of franchise stores and independent kitchen retailers.