CTT-Correios de Portugal, S.A.

CTT

PTCTT0AM0001

Air Freight & Logistics

Market Closed - Euronext Lisbonne Other stock markets 11:35:15 2024-04-19 am EDT			5-day change	1st Jan Change
4.47 ^EUR	-1.32%		+1.25%	+28.08%

Mar. 20	Transcript : CTT - Correios De Portugal, S.A., 2023 Earnings Call, Mar 20, 2024
Mar. 20	CTT - Correios De Portugal, S.A. Reports Earnings Results for the Full Year Ended December 31, 2023	CI

CTT Correios de Portugal S A : Interim report on the transactions carried out in the context of the share buy-back program

April 14, 2022 at 03:46 pm EDT

CTT - Correios de Portugal, S.A.

Public Company

Avenida D. João II, 13 1999-001 LISBON

Lisbon commercial registry and fiscal no. 500 077 568

Share Capital EUR 75,000,000.00

Announcement - Lisbon, 14 April 2022

Interim report on the transactions carried out in the context of the share buy-back program

Announcement pursuant to Articles 5(1)(b) of Regulation (EU) No 596/2014 and 2(3) of Commission Delegated Regulation (EU) 2016/1052

As disclosed to the market in due time, on 18 March 2022, CTT - Correios de Portugal, S.A. ("CTT" or "Company") started trading in the context of the share buy-back program ("Buy-back Program"), pursuant to the terms and limitations set forth in (i) the resolution adopted under item 5 of the Agenda of the General Shareholders' Meeting of CTT held on 21 April 2021 granting authorization for the acquisition and transfer of own shares by the Company and its subsidiaries, as set forth in such shareholders' resolution and subject to a decision of the Company's Board of Directors, and (ii) the resolution of the Board of Directors of CTT, of 16 March 2022, under which a share buy-back program was approved, the main terms and conditions of which may be found in the announcement regarding the start of trading within the Buy-back Program disclosed to the market on 16 March 2022.

In this context, CTT hereby informs, under the terms and for the purposes of article 5(1)(b) of the Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 and article 2(3) of the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016, and other applicable legislation, that in the period from 8 to 14 April 2022 (inclusive) JB Capital Markets, S.V., S.A.U. has acquired shares representing CTT's share capital, under the Buy-back Program and as the financial intermediary in charge of the execution of said program, in Euronext Lisbon regulated market, as detailed in the table below (aggregated information):

ISIN Code: PTCTT0AM0001

Date of the	Aggregated	Weighted Aver-	% Session's Total	% Share
transaction	Volume (shares)	age Price (€)	Volume	Capital
08-04-2022	20,000	4.3720	8.14%	0.01%
11-04-2022	20,000	4.3325	5.27%	0.01%
12-04-2022	20,000	4.3613	5.74%	0.01%
13-04-2022	20,000	4.3322	8.56%	0.01%
14-04-2022	20,000	4.3960	5.60%	0.01%

www.ctt.pt

CTT - Correios de Portugal, S.A.

Public Company

Avenida D. João II, 13 1999-001 LISBON

Lisbon commercial registry and fiscal no. 500 077 568

Share Capital EUR 75,000,000.00

In the context of the share buy-back program announced on 16 March 2022, as at 14 April 2022, the Company had already acquired 660,858 shares. As a consequence, on 14 April 2022, the Company held, as a result of the transactions indicated herein, an aggregated total of 2,160,859 own shares, representing 1.44% of its share capital, including 1,500,001 own shares previously acquired.

Further detailed information on the aforementioned transactions carried out under the Buy-back Program, in the period from 8 to 14 April 2022 (inclusive), may be found in the tables attached hereto as Annexes 1 to 5.

This information to the market and the general public is also available on CTT website at:https://www.ctt.pt/grupo-ctt/investidores/comunicados/index?language_id=1.

CTT - Correios de Portugal, S.A.

Guy Pacheco

Market Relations Representative of CTT Nuno Vieira

Head of Investor Relations of CTT Contacts:

Email:investors@ctt.ptI Fax: + 351 210 471 996 I Phone: + 351 210 471 087

www.ctt.pt

CTT - Correios de Portugal, S.A.

Public Company

Avenida D. João II, 13 1999-001 LISBON

Lisbon commercial registry and fiscal no. 500 077 568

Share Capital EUR 75,000,000.00

Annex 1

Trade Date	Trading Time (CET)	Stock	Type of business	Trading Venue	Number of shares	Average Price (€)
08-04-2022	09:45:05	CTT shares	Acquisition	XLIS	2,000	4.3900
08-04-2022	10:59:02	CTT shares	Acquisition	XLIS	1,940	4.3750
08-04-2022	10:59:03	CTT shares	Acquisition	XLIS	60	4.3750
08-04-2022	12:14:17	CTT shares	Acquisition	XLIS	2,000	4.3900
08-04-2022	13:03:53	CTT shares	Acquisition	XLIS	342	4.3750
08-04-2022	14:13:52	CTT shares	Acquisition	XLIS	786	4.3750
08-04-2022	15:03:21	CTT shares	Acquisition	XLIS	872	4.3750
08-04-2022	15:15:24	CTT shares	Acquisition	XLIS	1,641	4.3700
08-04-2022	15:15:24	CTT shares	Acquisition	XLIS	359	4.3700
08-04-2022	15:42:02	CTT shares	Acquisition	XLIS	2,000	4.3650
08-04-2022	16:02:28	CTT shares	Acquisition	XLIS	2,000	4.3500
08-04-2022	16:16:21	CTT shares	Acquisition	XLIS	377	4.3550
08-04-2022	16:17:00	CTT shares	Acquisition	XLIS	347	4.3550
08-04-2022	16:22:24	CTT shares	Acquisition	XLIS	315	4.3550
08-04-2022	16:23:40	CTT shares	Acquisition	XLIS	363	4.3550
08-04-2022	16:27:07	CTT shares	Acquisition	XLIS	598	4.3550
08-04-2022	16:59:55	CTT shares	Acquisition	XLIS	2,000	4.3750
08-04-2022	17:17:57	CTT shares	Acquisition	XLIS	314	4.3750
08-04-2022	17:17:57	CTT shares	Acquisition	XLIS	113	4.3750
08-04-2022	17:17:57	CTT shares	Acquisition	XLIS	214	4.3750
08-04-2022	17:17:57	CTT shares	Acquisition	XLIS	76	4.3750
08-04-2022	17:17:57	CTT shares	Acquisition	XLIS	1,200	4.3750
08-04-2022	17:17:57	CTT shares	Acquisition	XLIS	83	4.3750

www.ctt.pt

CTT - Correios de Portugal, S.A.

Public Company

Avenida D. João II, 13 1999-001 LISBON

Lisbon commercial registry and fiscal no. 500 077 568

Share Capital EUR 75,000,000.00

Annex 2

Trade Date	Trading Time (CET)	Stock	Type of business	Trading Venue	Number of shares	Average Price (€)
11-04-2022	09:29:21	CTT shares	Acquisition	XLIS	5,000	4.3500
11-04-2022	13:27:07	CTT shares	Acquisition	XLIS	422	4.3350
11-04-2022	13:28:03	CTT shares	Acquisition	XLIS	1,144	4.3350
11-04-2022	13:33:09	CTT shares	Acquisition	XLIS	847	4.3350
11-04-2022	13:35:20	CTT shares	Acquisition	XLIS	1,449	4.3350
11-04-2022	13:39:02	CTT shares	Acquisition	XLIS	730	4.3350
11-04-2022	13:39:11	CTT shares	Acquisition	XLIS	337	4.3350
11-04-2022	13:39:11	CTT shares	Acquisition	XLIS	71	4.3350
11-04-2022	17:00:10	CTT shares	Acquisition	XLIS	2,657	4.3200
11-04-2022	17:03:01	CTT shares	Acquisition	XLIS	1,254	4.3200
11-04-2022	17:05:38	CTT shares	Acquisition	XLIS	1,089	4.3200
11-04-2022	17:08:34	CTT shares	Acquisition	XLIS	4,520	4.3250
11-04-2022	17:08:34	CTT shares	Acquisition	XLIS	419	4.3250
11-04-2022	17:08:34	CTT shares	Acquisition	XLIS	61	4.3250

www.ctt.pt

CTT - Correios de Portugal, S.A.

Public Company

Avenida D. João II, 13 1999-001 LISBON

Lisbon commercial registry and fiscal no. 500 077 568

Share Capital EUR 75,000,000.00

Annex 3

Trade Date	Trading Time (CET)	Stock	Type of business	Trading Venue	Number of shares	Average Price (€)
12-04-2022	11:33:13	CTT shares	Acquisition	XLIS	5,000	4.3500
12-04-2022	14:13:55	CTT shares	Acquisition	XLIS	1,376	4.3500
12-04-2022	15:09:01	CTT shares	Acquisition	XLIS	464	4.3500
12-04-2022	15:09:01	CTT shares	Acquisition	XLIS	3,160	4.3500
12-04-2022	17:07:36	CTT shares	Acquisition	XLIS	740	4.3750
12-04-2022	17:07:36	CTT shares	Acquisition	XLIS	2,000	4.3750
12-04-2022	17:07:36	CTT shares	Acquisition	XLIS	151	4.3750
12-04-2022	17:07:36	CTT shares	Acquisition	XLIS	72	4.3750
12-04-2022	17:07:36	CTT shares	Acquisition	XLIS	2,037	4.3750
12-04-2022	17:17:04	CTT shares	Acquisition	XLIS	4,000	4.3700
12-04-2022	17:20:59	CTT shares	Acquisition	XLIS	1,000	4.3700

www.ctt.pt

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CTT – Correios de Portugal SA published this content on 14 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 April 2022 19:45:01 UTC.

Latest news about CTT-Correios de Portugal, S.A.

Transcript : CTT - Correios De Portugal, S.A., 2023 Earnings Call, Mar 20, 2024	Mar. 20
CTT - Correios De Portugal, S.A. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 19	CI
CTT - Correios De Portugal, S.A. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Mar. 18	CI
PayNest Fintech Ltd announced that it has received ?2 million in funding from BlueCrow Capital, Iberis Semper, Sociedade de Capital de Risco, S.A., Lince Capital, M4 Ventures, CTT - Correios De Portugal, S.A.	Dec. 10	CI
Transcript : CTT - Correios De Portugal, S.A., Nine Months 2023 Earnings Call, Nov 03, 2023	Nov. 03
CTT - Correios De Portugal, S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 03	CI
Transcript : CTT - Correios De Portugal, S.A., H1 2023 Earnings Call, Jul 28, 2023	23-07-28
CTT - Correios De Portugal, S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-07-27	CI
Brazil's postal service inks deal with Shopee to sell products to Asia	23-07-26	RE
CTT - Correios De Portugal, S.A. commences an Equity Buyback Plan for 10% of issued share capital, under the authorization approved on April 20, 2023.	23-06-29	CI
Luz Saude owner seeks over $330 mln in Lisbon IPO - sources	23-06-02	RE
Transcript : CTT - Correios De Portugal, S.A., Q1 2023 Earnings Call, May 05, 2023	23-05-05
CTT - Correios De Portugal, S.A. Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-04	CI
Transcript : CTT - Correios De Portugal, S.A., 2022 Earnings Call, Mar 17, 2023	23-03-17
Generali Partners With Portugal's CTT Group, Acquires 9% Stake In Banking Unit	22-11-07	MT
Generali strikes long-term distribution deal with Portugal's post office	22-11-07	RE
CTT - Correios De Portugal, S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022	22-11-04	CI
Transcript : CTT - Correios De Portugal, S.A., Nine Months 2022 Earnings Call, Nov 04, 2022	22-11-04
Tranche Update on CTT - Correios De Portugal, S.A.'s Equity Buyback Plan announced on March 16, 2022.	22-09-09	CI
CTT - Correios De Portugal, S.A.'s Equity Buyback announced on March 16, 2022 has expired with 6,084,999 shares, representing 4.10% for €22.36 million.	22-09-08	CI
Transcript : CTT - Correios De Portugal, S.A., H1 2022 Earnings Call, Jul 28, 2022	22-07-28
CTT - Correios De Portugal, S.A. announces an Increase in Equity Buyback.	22-07-27	CI
CTT - Correios De Portugal, S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022	22-07-27	CI
Transcript : CTT - Correios De Portugal, S.A. - Analyst/Investor Day	22-06-23
Transcript : CTT - Correios De Portugal, S.A., Q1 2022 Earnings Call, May 06, 2022	22-05-06

Chart CTT-Correios de Portugal, S.A.

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Company Profile

CTT-Correios de Portugal, S.A. is the Portuguese leader in postal services provision. Net sales break down by activity as follows: - mail collection and delivery (50.4%): letters, postcards, ads, advertising documents, newspapers, etc.; - express and parcels transportation and delivery services (40.2%): activity ensured in Portugal, Spain and Mozambique; - sale of financial products and services (7.2%): public debt certificates, postal saving products, insurance and postal money orders; - banking and payment services (2.2%): savings accounts, consumer credit (auto loans and credit cards), mortgage loans, off-balance sheet savings. The group also provides payment solutions (Payshop) allowing paying for purchases through the Internet and via certified agents (kiosks, tobacconists, supermarkets, etc.). Portugal accounts for 69% of net sales.

Sector

Air Freight & Logistics

Calendar

2024-05-01 - Q1 2024 Earnings Release (Projected)

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Ratings for CTT-Correios de Portugal, S.A.

Trading Rating

Investor Rating

ESG Refinitiv

B+

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

4.47 EUR

Average target price

5.54 EUR

Spread / Average Target

+23.94%

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Company calendar

Sector Courier Services

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CTT-CORREIOS DE PORTUGAL, S.A.	+28.08%	674M
S.F. HOLDING CO., LTD.	-14.85%	23.36B
POSTE ITALIANE S.P.A.	+13.38%	16.1B
ZTO EXPRESS (CAYMAN) INC.	-6.30%	16.09B
YTO EXPRESS GROUP CO.,LTD.	+30.92%	7.69B
DEPPON LOGISTICS CO., LTD.	+12.92%	2.33B
STO EXPRESS CO.,LTD	+10.40%	1.79B
HANGZHOU SF INTRA-CITY INDUSTRIAL CO., LTD.	-3.76%	1.19B
SINGAPORE POST LIMITED	-15.79%	670M
SPEEDY AD	+21.32%	484M

Courier Services