Announcement No. 25/2008
Copenhagen, 27 October 2008
NASDAQ OMX Copenhagen A/S
Nikolaj Plads 6
DK - 1007 Copenhagen K
Information on Q3 2008
RELLA HOLDING A/S' BUSINESS
Rella Holding A/S' business is to hold B-shares in the media group Carl Allers
Etablissement A/S (CAE).
As CAE only publishes financial information once a year through the Annual
Report at the end of January, Rella Holding A/S does not publish quarterly
reports as these reports would only have limited information value.
During Q3, Rella Holding A/S did not purchase additional CAE B-shares and the
holding of nominal value DKK9,232,000 CAE B-shares is therefore unchanged. The
holding corresponds to 56.9% of CAE's outstanding share capital when adjusted
for CAE's holding of treasury shares as at 30 September 2007. The B-shares are
non-voting.
PURCHASE OF TREASURY SHARES
Based on the authorizations given to the Board of Directors at the two latest
AGMs, Rella Holding A/S during the first three quarters of 2008 bought 534,400
treasury shares for a total of DKK 35.3m corresponding to an average purchase
price of DKK 66.1 per share. The market price as at 30 September 2008 was DKK
52 per share.
Rella Holding A/S' purchase of treasury shares corresponds to 8.5% of the total
turnover in Rella shares on NASDAQ OMX Copenhagen during the first three
quarters of 2008.
As Rella Holding A/S did not own any treasury shares at the beginning of the
accounting year, the holding as at 30 September 2008 amounts to 534,400 shares.
Rella Holding A/S intends to continue the purchase of treasury shares during
the current quarter.
At the Annual General Meeting in the Spring of 2009, the Board of Directors
will propose that the Company's holding of treasury shares be cancelled with a
corresponding reduction in the Company's share capital.
RELLA HOLDING A/S' CURRENT ACCOUNTING YEAR
For the full current accounting year, Rella Holding A/S is still expecting a
net profit of appr. DKK 42m.
Kind regards,
Rella Holding A/S
Contact: Jens Arnth-Jensen, CEO. Telephone.: +45 45 42 45 17
