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    CTT   PTCTT0AM0001

CTT-CORREIOS DE PORTUGAL, S.A.

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

06/23/2021 | 12:25pm 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, 23 June 2021

Final 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 20 May 2021, 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 17 May 2021, 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 17 May 2021.

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 21 to 22 June 2021 (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

21-06-2021

73,157

€ 4.5391

8.11%

0.05%

22-06-2021

82,547

€ 4.5521

11.37%

0.06%

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

On 22 June 2021, the Company held, as a result of the transactions indicated herein, an aggregated total of 1,500,001 own shares, representing 1.00% of its share capital.

Further detailed information on all transactions carried out under the Buy-back Program, in the period from 21 to 22 June 2021 (inclusive), may be found in the tables attached hereto as Annexes 1 and 2.

Pursuant to the terms and conditions of the Buy-back Program, CTT informs that the objective of said program is fulfilled, and therefore the Buy-back Program should be considered concluded on this date, before the end of its maximum duration period (from 18 May to 18 November 2021).

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

Peter Tsvetkov

Head of Investor Relations of CTT

Contacts:

Email: investors@ctt.pt

Fax: + 351 210 471 996

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

Stock

Type of

Trading

Number of

Average Price

Time (CET)

business

Venue

shares

(€)

21-06-2021

15:28:46

CTT shares

Acquisition

XLIS

500

4.48

21-06-2021

15:28:46

CTT shares

Acquisition

XLIS

1,700

4.48

21-06-2021

15:28:46

CTT shares

Acquisition

XLIS

34

4.48

21-06-2021

15:28:46

CTT shares

Acquisition

XLIS

729

4.48

21-06-2021

15:28:46

CTT shares

Acquisition

XLIS

1,295

4.48

21-06-2021

15:31:00

CTT shares

Acquisition

XLIS

130

4.48

21-06-2021

15:33:46

CTT shares

Acquisition

XLIS

596

4.48

21-06-2021

15:33:46

CTT shares

Acquisition

XLIS

10,016

4.48

21-06-2021

16:24:59

CTT shares

Acquisition

XLIS

436

4.545

21-06-2021

16:24:59

CTT shares

Acquisition

XLIS

2,118

4.545

21-06-2021

16:25:00

CTT shares

Acquisition

XLIS

7,446

4.545

21-06-2021

16:40:34

CTT shares

Acquisition

XLIS

1,964

4.55

21-06-2021

16:45:16

CTT shares

Acquisition

XLIS

1,472

4.55

21-06-2021

16:45:16

CTT shares

Acquisition

XLIS

6,564

4.55

21-06-2021

16:45:32

CTT shares

Acquisition

XLIS

1,000

4.55

21-06-2021

16:45:32

CTT shares

Acquisition

XLIS

1,600

4.55

21-06-2021

16:45:32

CTT shares

Acquisition

XLIS

884

4.55

21-06-2021

16:45:32

CTT shares

Acquisition

XLIS

9,294

4.55

21-06-2021

17:12:12

CTT shares

Acquisition

XLIS

334

4.565

21-06-2021

17:12:12

CTT shares

Acquisition

XLIS

502

4.565

21-06-2021

17:12:12

CTT shares

Acquisition

XLIS

1,449

4.565

21-06-2021

17:13:47

CTT shares

Acquisition

XLIS

2,900

4.565

21-06-2021

17:14:34

CTT shares

Acquisition

XLIS

4,100

4.565

21-06-2021

17:20:02

CTT shares

Acquisition

XLIS

500

4.565

21-06-2021

17:20:35

CTT shares

Acquisition

XLIS

2,100

4.565

21-06-2021

17:20:35

CTT shares

Acquisition

XLIS

700

4.565

21-06-2021

17:20:35

CTT shares

Acquisition

XLIS

700

4.565

21-06-2021

17:20:35

CTT shares

Acquisition

XLIS

1,400

4.565

21-06-2021

17:20:35

CTT shares

Acquisition

XLIS

3,868

4.565

21-06-2021

17:20:35

CTT shares

Acquisition

XLIS

1,447

4.565

21-06-2021

17:28:44

CTT shares

Acquisition

XLIS

222

4.55

21-06-2021

17:35:08

CTT shares

Acquisition

XLIS

199

4.55

21-06-2021

17:35:08

CTT shares

Acquisition

XLIS

4,801

4.55

21-06-2021

17:35:08

CTT shares

Acquisition

XLIS

157

4.55

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

Stock

Type of

Trading

Number of

Average Price

Time (CET)

business

Venue

shares

(€)

22-06-2021

09:55:29

CTT shares

Acquisition

XLIS

752

4.59

22-06-2021

09:55:29

CTT shares

Acquisition

XLIS

800

4.59

22-06-2021

09:55:29

CTT shares

Acquisition

XLIS

995

4.59

22-06-2021

09:55:29

CTT shares

Acquisition

XLIS

10,000

4.58

22-06-2021

09:55:29

CTT shares

Acquisition

XLIS

1,048

4.58

22-06-2021

09:55:29

CTT shares

Acquisition

XLIS

282

4.58

22-06-2021

09:55:29

CTT shares

Acquisition

XLIS

293

4.58

22-06-2021

09:55:29

CTT shares

Acquisition

XLIS

7,397

4.58

22-06-2021

09:55:29

CTT shares

Acquisition

XLIS

304

4.58

22-06-2021

10:08:36

CTT shares

Acquisition

XLIS

676

4.58

22-06-2021

10:14:48

CTT shares

Acquisition

XLIS

105

4.56

22-06-2021

10:14:48

CTT shares

Acquisition

XLIS

9,895

4.56

22-06-2021

10:14:48

CTT shares

Acquisition

XLIS

10,000

4.56

22-06-2021

11:53:02

CTT shares

Acquisition

XLIS

5,279

4.5

22-06-2021

11:56:03

CTT shares

Acquisition

XLIS

4,721

4.5

22-06-2021

11:56:03

CTT shares

Acquisition

XLIS

10,000

4.5

22-06-2021

13:33:25

CTT shares

Acquisition

XLIS

5,000

4.47

22-06-2021

17:02:59

CTT shares

Acquisition

XLIS

1,762

4.595

22-06-2021

17:02:59

CTT shares

Acquisition

XLIS

405

4.595

22-06-2021

17:02:59

CTT shares

Acquisition

XLIS

1,100

4.595

22-06-2021

17:02:59

CTT shares

Acquisition

XLIS

1,009

4.595

22-06-2021

17:02:59

CTT shares

Acquisition

XLIS

800

4.595

22-06-2021

17:02:59

CTT shares

Acquisition

XLIS

1,600

4.595

22-06-2021

17:02:59

CTT shares

Acquisition

XLIS

800

4.595

22-06-2021

17:02:59

CTT shares

Acquisition

XLIS

800

4.595

22-06-2021

17:02:59

CTT shares

Acquisition

XLIS

1,724

4.595

22-06-2021

17:10:59

CTT shares

Acquisition

XLIS

274

4.595

22-06-2021

17:10:59

CTT shares

Acquisition

XLIS

4,726

4.595

www.ctt.pt

Disclaimer

CTT – Correios de Portugal SA published this content on 23 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 June 2021 16:24:07 UTC.


© Publicnow 2021
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Financials
Sales 2021 826 M 967 M 967 M
Net income 2021 36,6 M 42,8 M 42,8 M
Net Debt 2021 47,5 M 55,6 M 55,6 M
P/E ratio 2021 19,0x
Yield 2021 2,38%
Capitalization 703 M 825 M 823 M
EV / Sales 2021 0,91x
EV / Sales 2022 0,84x
Nbr of Employees 10 867
Free-Float 71,6%
Chart CTT-CORREIOS DE PORTUGAL, S.A.
Duration : Period :
CTT-Correios de Portugal, S.A. Technical Analysis Chart | CTT | PTCTT0AM0001 | MarketScreener
Technical analysis trends CTT-CORREIOS DE PORTUGAL, S.A.
Short TermMid-TermLong Term
TrendsBullishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 5
Last Close Price 4,65 €
Average target price 3,99 €
Spread / Average Target -14,1%
EPS Revisions
Managers and Directors
João Afonso Ramalho Sopas Pereira Bento Chief Executive Officer & Executive Director
Guy Patrick Guimarães de Goyri Pacheco Chief Financial Officer & Executive Director
Raul Catarino Galamba de Oliveira Chairman
João Miguel Gaspar da Silva Chief Operating Officer & Director
Maria Luísa C. F. L. de C. A. Correia Independent Non-Executive Director
Sector and Competitors