Loomis AB acquires own shares of series B


Loomis AB acquires own shares of series B

 

Following authorization by the Annual General Meeting 2011, the Board of
Directors of Loomis AB (publ) has decided to acquire the company's own
shares of series B on the NASDAQ OMX Stockholm.

The authorization is part of the incentive scheme adopted by the Annual
General Meeting held on 11 May 2011 (“Incentive Scheme 2011”) and
includes the number of the company's own shares of series B that could
be transferred to participants in the Incentive Scheme 2011.

The acquisitions of the company's own shares of series B will take place
prior to the Annual General Meeting 2012 and includes a maximum of
325,000 shares. The acquisition will take place within the so-called
spread, that is, the interval between the highest purchase price and the
lowest sales price. The acquisitions may take place in accordance with
the Commission regulation (EC) No. 2273/2003 of 22 December 2003,
implementing Directive 2003/6/EC of the European Parliament and of the
Council as regards exemptions for buy-back programmes and stabilisation
of financial instruments. The acquisitions will be administered by an
investment firm or a credit institution which makes its trading
decisions in relation toLoomisAB's shares independently of, and without
influence from,LoomisAB.

The total number of shares in Loomis AB amounts to 73,011,780 and the
company holds, at the time of this press release 119,464 shares.

For information concerning the execution of acquisitions of own shares
of series B, refer to the information provided on an ongoing basis at
www.nasdaqomxnordic.com. The company has no intention to provide
separate press releases for the executed purchases, unless a flagging
obligation is in effect.

28.07.2011

Lars Blecko
President and CEO
Cell number: +46 70 641 49 10

Marcus Hagegård
VP Finance

Cell number: +46 76 843 20 30

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