Buy-back of shares in MTG during week 29, 2022

Stockholm
July 25, 2022
06.00 PM CEST

During the period between 18 July – 22 July 2022 Modern Times Group MTG AB (publ) (LEI code 549300E8NDODRSX29339) (“MTG”) has repurchased a total of  399,664 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
July 25, 2022
06.00 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 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)
18/07/2022 73,638 86.4470 6,365,784.19
19/07/2022 40,427 89.7182 3,627,037.67
20/07/2022 82,200 81.4662 6,696,521.64
21/07/2022 91,950 85.7936 7,888,721.52
22/07/2022 111,449 92.9635 10,360,689.11

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 22 July 2022 amounts to 2,657,541 class B shares and 6,324,343 class C shares. The total number of shares in MTG amounts to 135,089,808.

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 29
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