During the period April 11 to April 14, 2022, Trelleborg AB (LEI code 213800XY16PAWG2PAD14) has repurchased in total 361,762 own shares of series B (ISIN: SE0000114837) as part of the buyback program initiated by the Board of Directors in order adapt the company's capital structure and thereby contribute to increased shareholder value.

 

The share buybacks form part of the buyback program of a maximum of 2,500,000 shares of series B for a total maximum amount of SEK 400 million, which Trelleborg announced on March 25, 2022. The buyback program, which runs between March 28, 2022, to April 26, 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 buybacks is to start adapting the company's capital structure and thereby contribute to increased shareholder value. The intent is that the repurchased shares later will be cancelled by resolution of upcoming Annual General Meetings.

 

Shares of series B in Trelleborg 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)

20220411

111,535

214.3604

23,908,687

20220412

117,437

214.0311

25,135,170

20220413

94,408

214.468

20,247,495

20220414

38,382

214.8208

8,245,252

 

 

 

 

 

All acquisitions have been carried out on Nasdaq Stockholm by Skandinaviska Enskilda Banken AB (publ) (SEB) on behalf of Trelleborg. Following the above acquisitions, Trelleborg's holding of own shares as of April 14, 2022, amounts to 1,755,096 shares of series B. The total number of shares in Trelleborg on the date of this press release amounts to 271,071,783, of which 28,500,000 are shares of series A and 242,571,783 are shares of series B.

 

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.

 

Trelleborg is a world leader in engineered polymer solutions that seal, damp and protect critical applications in demanding environments. Its innovative solutions accelerate performance for customers in a sustainable way. The Trelleborg Group has annual sales of about SEK 34 billion and operations in about 50 countries. The Group comprises three business areas: Trelleborg Industrial Solutions, Trelleborg Sealing Solutions and Trelleborg Wheel Systems. The Trelleborg share has been listed on the Stock Exchange since 1964 and is listed on Nasdaq Stockholm, Large Cap.
www.trelleborg.com

https://news.cision.com/trelleborg/r/buybacks-of-shares-of-series-b-in-trelleborg-during-week-15--2022,c3548124

https://mb.cision.com/Main/584/3548124/1565504.pdf

https://mb.cision.com/Public/584/3548124/bd5f473de57cea81.pdf

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