Buy-back of shares in MTG during week 22, 2022

Stockholm
June 7, 2022
07.30 PM CEST

During the period between 30 May – 3 June 2022 Modern Times Group MTG AB (publ) (LEI code 549300E8NDODRSX29339) (“MTG”) has repurchased, in total, 228,710 own class B shares (ISIN code SE0000412371) under the share repurchase program initiated by the Board of Directors as part of the commitment to return money to shareholders and to simultaneously optimize the capital structure of the company.

Stockholm
June 7, 2022
07.30 PM CEST

The share buy-backs form a part of the share repurchase program of a maximum of 5,072,282 shares for a maximum amount of SEK 125 million, which MTG announced on 29 April 2022. The share repurchase program, which runs during the period 2 May 2022 – 7 June 2022, is being carried out in accordance with the Market Abuse Regulation (EU) No 596/2014 (“MAR”) and the Commission Delegated Regulation (EU) No 2016/1052 (the “Safe Harbour Regulation”). The objectives of the share buy-backs are to deliver on the commitment to return money to shareholders and to simultaneously optimize the capital structure of the company and the intention is to reduce MTG’s share capital through subsequent share cancellations.

Class B shares in MTG have been repurchased (in SEK) as follows:

Date Aggregated daily volume (number of shares) Weighted average share price per day (SEK) Total daily transaction value (SEK)
May 30 2022 52,298 114.2914 5,977,211.64
May 31 2022 24,077 114.5762 2,758,651.17
June 1 2022 26,461 116.1228 3,072,725.41
June 2 2022 45,793 113.6441 5,204,104.27
June 3 2022 80,081 112.8361 9,036,027.72

All acquisitions have been carried out on Nasdaq Stockholm by Morgan Stanley Europe SE on behalf of MTG. Following the above acquisitions, MTG’s holding of own shares as of 3 June 2022 amounts to 1,341,433 class B shares and 6,324,343 class C shares. The total number of shares in MTG amounts to 117,015,055.

A full breakdown of the transactions pursuant to article 5.3 of MAR and article 2.3 of the Safe Harbour Regulation is attached to this announcement.

Press files
Buyback Appendix ENG Week 22
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