Share buy-back in Lauritz.com Group A/S

No. 11/2018

Copenhagen, 13 April 2018

The Board of Directors of Lauritz.com Group A/S has approved a share buy-back program in the amount of up to DKK 850,000, however a maximum number of shares of 1,250,000 to be acquired. The program will be conducted in the period from 16 April 2018 to 31 May 2018, at the latest.

The purpose of the program is to meet obligations arising from allocations of shares, to employees or to members of the administrative, management or supervisory bodies of the company.

The program will be carried out under the authority granted to the Board of Directors by the general meeting of Lauritz.com Group A/S on 26 May 2016.  The maximum shares to be acquired under the program according to the authority are a total nominal value of 10 % of the company's share capital at any time. The consideration may not deviate more than 10 % from the official price quoted on Nasdaq First North Premier at the time of the acquisition.

The program will be conducted under the European Commission's Regulation No. 596/2014 of 16 April 2014 (the "Market Abuse Regulation") and the Commission's delegated regulation (EU) 2016/1052 of 8 March 2016, which together constitute the Safe Harbour Regulation. Lauritz.com Group A/S has appointed SEB as lead manager of the program. SEB will, under a separate agreement with the company, buy back shares within the timeframe set out in this announcement and make trading decisions in respect of Lauritz shares independently of and without influence from Lauritz.com Group A/S .
Lauritz.com Group A/S may terminate the program at any time. If it does so, it will issue a company announcement to this effect.

Detailed guidelines
The following guidelines apply to the share buy-back program:

• Shares will not be purchased at a price higher than the higher of the following: the price of the last independent trade and the highest existing independent buyer's offer on the marketplace where the purchase takes place
• The maximum number of shares that can be repurchased on a single business day is 38,078  corresponding to 25% of the average daily trading volume of the Lauritz share in March 2018

As long as the program runs, every Tuesday, Lauritz.com Group A/S will disclose transaction data for the previous week, in a detailed and in an aggregated form in a company announcement.

Best regards
Lauritz.com Group A/S

For press enquiries, please contact:
Susanne Sandsberg Klubien,
E-mail press@lauritz.com,

Certified adviser: Erik Penser Bank, Stockholm
Market place: Nasdaq First North Stockholm

This information is information that Lauritz.com Group A/S is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication through the agency of the contact person set out above, at 16.00 pm CEST on 13 April 2018.

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