Carlsberg A/S share buy-back programme

Transactions during 29 June - 3 July

On 4 February 2020, Carlsberg A/S announced a share buy-back programme, as described in Company Announcement No. 5/2020. The programme is carried out in accordance with Article 5 of Regulation No 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052, also referred to as the Safe Harbour Regulations. According to the programme, Carlsberg A/S will repurchase B shares of up to DKK 2.5bn. The programme is taking place during the period from 4 February 2020 to 7 August 2020, during which a maximum of 10 million B shares will be bought.

The following transactions were made under the share buy-back programme during 29 June - 3 July:

	Number of shares bought	Average transaction price	Amount DKK
Accumulated, last announcement	2,274,324		1,928,239,187
29 June 2020	15,972	868.01	13,863,876
30 June 2020	12,640	876.08	11,073,628
1 July 2020	12,437	868.50	10,801,510
2 July 2020	15,000	883.11	13,246,593
3 July 2020	19,698	890.36	17,538,250
Total, 29 June – 3 July 2020	75,747		66,523,857
Bought from Carlsberg Foundation, 3 July 2020*	32,976	878.24	28,960,760
Accumulated under the programme	2,383,047		2,023,723,804
* According to a separate agreement the Carlsberg Foundation participates on a 30.33% pro rata basis to the shares purchased in the share buy-back programme.

With the transactions stated above Carlsberg A/S holds a total of 2,541,201 own B shares, corresponding to 1.7% of the 148,156,806 total A and B shares.

The details of each transaction made under the share buy-back programme are enclosed.

Contacts

Investor Relations:  
Peter Kondrup [phone]      
Iben Steiness   [phone]

Media Relations:    
Kasper Elbjørn [phone]     
Christian Wulff Søndergaard  [phone]

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Attachments

• 35_06072020_Carlsberg share buy-back_Transactions 29 June-3 July 2020
• Appendix_35_06072020
• 20200706- Carlsbergfondet PDMR reporting