Schouw & Co. to initiate share buy-back programme of up to DKK 240 million

Core Viewpoint - Aktieselskabet Schouw & Co. has announced a new share buy-back programme of up to DKK 240 million, set to run from January 2, 2026, to December 31, 2026, replacing the previous programme that was fully executed by December 12, 2025 [1][2]. Group 1: Share Buy-Back Programme Details - The new share buy-back programme is authorized by the Board of Directors based on a resolution from the annual general meeting held on April 10, 2025, allowing the company to acquire treasury shares up to 20% of its total share capital [2]. - Currently, Schouw & Co. holds 2,242,793 treasury shares, which is 8.97% of the share capital, and under the new authorization, it can acquire an additional 2,757,207 treasury shares, totaling 11.03% of the share capital [2]. - The buy-back will comply with Regulation (EU) No. 596/2014 on market abuse and the Commission's delegated regulation (EU) 2016/1052, which outlines "Safe Harbour" rules [3]. Group 2: Purpose and Management - The primary purpose of the share buy-back programme is to reduce the company's share capital [4]. - Schouw & Co. has appointed Nordea as the lead manager for the programme, which will operate independently in making trading decisions without influence from Schouw & Co. [5]. - The company reserves the right to suspend or terminate the programme at any time, with such decisions to be disclosed in a company announcement [5]. Group 3: Reporting and Transparency - Schouw & Co. will provide weekly announcements regarding the transactions conducted under the share buy-back programme [6].