Share Buy-back Programme of 21,988 shares to be initiated

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
Share Buy-back Programme of 21,988 shares to be initiated

COMPANY ANNOUNCEMENT NO. 44/2013 –  16 SEPTEMBER 2013

The Board of Directors of Royal Unibrew A/S has decided to initiate a share buy-back of 21,988 shares.

Objective

The objective of the share buy-back is to cover the Incentive programme for the Executive Board of Royal Unibrew, see Company Announcement 41/2013 of 28 August 2013.

Authorisation

The share buy-back programme is initiated within the authorisation granted to the Board of Directors at the Annual General Meeting of the Company on 29 April 2013, which will enable the Company to buy back shares for up to 10% of the total share capital. The share buy-back programme will be established and structured in accordance with Commission Regulation (EC) No 2273/2003 of 22 December 2003 (the so-called Safe Harbour method), which ensures that the Company is protected against violation of insider legislation during the buy-back process.

Share buy-back programme

The share buy-back programme is expected to be realised in the period from 17 September 2013 through 20 November 2013.

The maximum total share buy-back in the period will represent 21,988 shares (a nominal value of DKK 0.2 million) corresponding to 0.2% of the share capital.  Based on the share price at 13 September 2013, this will correspond to a market value of approx DKK 14 million. Royal Unibrew has entered into an agreement with Nordea Bank Danmark A/S for Nordea to handle the share buy-back as Lead Manager on behalf of Royal Unibrew. Nordea will make all trading decisions independently of and without involving Royal Unibrew. The shares bought back on each trading day will not exceed 25% of the daily average trading volumes over the 20 trading days preceding the date of purchase.

No shares will be bought back under the share buy-back programme at a price exceeding the higher of the two following prices:

  • the price of the latest independent transaction; and
  • the highest independent bid on NASDAQ OMX Copenhagen.

Royal Unibrew will be entitled to suspend the share buy-back programme in the event of material changes to the Company’s circumstances or in the market. Should the programme be suspended, Royal Unibrew will announce this in a Company Announcement, and Nordea will stop buying back shares in the market.

Royal Unibrew will announce the number of shares bought back and their value in separate weekly Company Announcements.

Please direct any queries to me at tel. +45 56 77 15 05.

Yours sincerely

Royal Unibrew A/S

Lars Jensen

CFO

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Kexing Biopharm Expands Global Reach at CPHI Milan

Updated Category News Views 4

Kexing Biopharm's Showstopper Moment in Milan Call it a strategic blowout or just audacious timing—Kexing Biopharm's move at the CPHI Milan 2026 has painted a clear picture. From October 6th to 8th, Milan was the stage where Kexing rolled out its showcase, bragging about a pipeline that screams innovation and possibility. And let’s be honest, their timing couldn’t...

Continue Reading
CenterPoint Deploys Crews for Hurricane Aid Relief

Updated Category News Views 2

CenterPoint’s Commitment Amidst Crisis Now, when a hurricane slams into the coast, it’s go time for everyone in the game. CenterPoint Energy, never one to sit on the sidelines, is showing up with a hefty squad to help fix the mess left by Hurricane Isaias. A robust 355-strong team is heading out to assist with power restoration down there in Florida. This isn’t just...

Continue Reading
ONLYOFFICE 10.0 Boosts AI and Security Features

Updated Category News Views 2

A Fresh Look at ONLYOFFICE 10.0's Game-Changing Update Outta the gates swinging, ONLYOFFICE dropped their latest 10.0 update. This one ain't just your average software facelift—it's packing some serious heat with AI enhancements, brand spanking new modular apps, and beefed-up security features that'll make anyone dealing with sensitive data breathe a little easier. AI...

Continue Reading
Chianti Classico Showcases 2027 Vintages in Florence

Updated Category News Views 5

A Grand Reunion of the Black Rooster You're not just sipping wine at a garden party—you're diving into a historic event. Come March 1-2, 2027, Florence will again host the much-anticipated Chianti Classico Collection, uniting over 200 eager producers under the iconic vaults of Stazione Leopolda. This isn't just another stop on the wine circuit; it's a pilgrimage to the...

Continue Reading
Choate's: 68 Years of Community and Family Values

Updated Category News Views 4

Beyond Business: A Legacy of Giving Step into the world of Choate's, a renowned name in the Memphis area not just for its services in air conditioning, heating, plumbing, and electrical needs, but for its unwavering dedication to community service. For 68 years, this family-owned business has made its mark on the heart of Tennessee, spanning three generations and staying...

Continue Reading
Duke Energy Braces for Isaias: Key Prep Steps Ahead

Updated Category News Views 6

Brace Yourself: Duke Energy Gears Up for Isaias In the ever-unpredictable game of Mother Nature versus infrastructure, Duke Energy is stepping into the ring once more, readying to tackle potential outages across the Carolinas as Hurricane Isaias edges near. Listen, if there's one thing I've learned over years of watching these weather events unfold on the stock ticker and...

Continue Reading
Mastering Packaging Costs: Beyond the Box Price

Updated Category News Views 5

Peeling Back the Layers of Packaging Costs Packaging's a bit like an onion—every layer you peel back reveals another cost you didn’t see at first glance. Folks in the know, like Kyle Reger of Jamestown Container Companies, are flipping the script on how we approach packaging expenses. It's not just about snagging the cheapest box on the shelf anymore. There's a whole...

Continue Reading
Navigating Career Growth Beyond Job Titles at Webinar

Updated Category News Views 6

Hasn't it ever struck you that job titles often fence people in like some unwanted corral, keeping potential tightly leashed? Well, here's something that might shake up your thoughts a tad. University of Phoenix is teeing up a webinar titled "Beyond The Job Title: Finding Purpose and Recognizing the Value You Bring." Scheduled for October 15, 2026, this is all about...

Continue Reading
India's Women Apparel Market Grows Amid Innovation

Updated Category News Views 4

India's Women Apparel Market on the Rise The winds of fashion change are sweeping through India, and the women's apparel market is at the heart of this sartorial hurricane. Set to explode from USD 28,786.82 million in 2024 to USD 45,491.96 million by 2032, this market is turning heads with a compound annual growth rate (CAGR) of 5.21%. What's stirring this pot, you ask?...

Continue Reading
Jiangxi Dialogues: Youths Forge Global Ties in 2026

Updated Category News Views 3

Bringing Global Youth to the Table In the heart of Jiangxi, China, young minds from across the globe gathered not just to chat but to shape the future. A bunch who only a decade ago might have been ignored in such circles are now leading discussions, and they’ve kicked off their powwow on September 22, 2026, with a bang in Nanchang. What’s the Agenda? Imagine more...

Continue Reading

Top 5 Most Recently Viewed Articles

D-Wave Quantum's Financial Performance and Stock Insights

Updated Category News Views 163

D-Wave Quantum Posts Strong Q2 Earnings Despite Mixed Results D-Wave Quantum Inc, known in the evolving field of quantum computing, recently reported its financial performance for the second quarter. This update has captured considerable attention from stakeholders and investors as the company continues to push technological boundaries. Strong Revenue Metrics In its...

Continue Reading
Veteran Advisors Join Forces to Enhance Investment Services

Updated Category News Views 388

Introducing Bastion Fiduciary: A New Era in Financial Services In an exciting development for the financial advisory landscape, Islamorada Investment Management has successfully acquired Picket Fence Financial, creating a new entity known as Bastion Fiduciary. This strategic merger brings together two esteemed, veteran-owned firms committed to delivering comprehensive...

Continue Reading
Navigating Opportunities in a Rapidly Changing Private Equity Landscape

Updated Category News Views 584

Katten's Insights into the Private Equity Market As 2025 unfolds, the private equity (PE) market faces both opportunities and uncertainties. The latest findings reveal an evolving landscape for middle-market dealmakers who are striving to balance their aspirations with current economic realities. With the hopes of revitalizing transaction volumes, investors are gearing up...

Continue Reading
Experience the Future of Healthy Cooking with Arspura at CES

Updated Category News Views 136

Explore Arspura's Innovation at CES 2026 From January 6 to January 9, 2026, Arspura's latest range hoods will be showcased at the LVCC - South Hall 1, Booth 30725. This event invites visitors to experience how Arspura transforms kitchen air quality, aiming to make everyday cooking a more enjoyable and less stressful process. Many households are affected by cooking fumes,...

Continue Reading
Biglari Capital's Call for Jack in the Box Shareholders to Act

Updated Category News Views 177

Biglari Capital's Engagement with Jack in the Box Shareholders Recently, Biglari Capital Corp. has taken a firm stand urging all shareholders of Jack in the Box Inc. to vote against the current Chairman, David Goebel, during the upcoming annual meeting. This action reflects Biglari Capital's commitment to corporate governance and shareholder engagement. The firm has...

Continue Reading