Buy-back of shares in MTG during week 30, 2022

Stockholm
August 1, 2022
05.11 PM CEST

During the period between 25 July – 29 July 2022 Modern Times Group MTG AB (publ) (LEI code 549300E8NDODRSX29339) (“MTG”) has repurchased a total of  604,688 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
August 1, 2022
05.11 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)
25/07/2022 104,922 98.8101 10,367,353.31
26/07/2022 126,000 103.0065 12,978,819.00
27/07/2022 130,000 100.9964 13,129,532.00
28/07/2022 109,766 103.1239 11,319,498.01
29/07/2022 134,000 104.4057 13,990,363.80

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 29 July 2022 amounts to 3,262,229 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 30
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