Buy-back of shares in MTG during week 26, 2022

Stockholm
July 5, 2022
03.50 PM CEST

During the period between 27 June – 1 July 2022 Modern Times Group MTG AB (publ) (LEI code 549300E8NDODRSX29339) (“MTG”) has repurchased, in total, 251,881 own class B shares (ISIN code SE0018012494) under the share repurchase program initiated by the Board of Directors as part of the commitment to return money to shareholders.

Stockholm
July 5, 2022
03.50 PM CEST

The share buy-backs form a part of the share repurchase program of a maximum of 4,018,414 shares for a maximum amount of SEK 200 million, which MTG announced on 17 June 2022. The share repurchase program, which runs during the period 20 June 2022 – 20 October 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 objective of the share buy-backs is to deliver on the commitment to return money to shareholders 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)
27/06/2022 57,589 87.8220 5,057,581.16
28/06/2022 30,301 87.9232 2,664,160.88
29/06/2022 56,360 84.5596 4,765,779.06
30/06/2022 64,632 82.9747 5,362,820.81
01/07/2022 42,999 83.8563 3,605,737.04

All acquisitions have been carried out on Nasdaq Stockholm by Nordea Bank Abp on behalf of MTG. Following the above acquisitions, MTG’s holding of own shares as of 1 July 2022 amounts to 1,855,629 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 26
BACK