QPR SOFTWARE PLC STOCK EXCHANGE BULLETIN MARCH 20, 2013 at 9.15 a.m.
QPR SOFTWARE PLC TO ACQUIRE ITS OWN SHARES
QPR Software Plc’s Board of Directors has decided, in accordance with the authorization granted by the Annual General Meeting on March 14, 2013, that the Company will acquire its own shares.
According to the authorization the Company may acquire own shares in order to strengthen the Company's capital structure, to be used as payment in corporate acquisitions or when the Company acquires assets related to its business and as part of the Company's incentive programs in a manner and to the extent decided by the Board of Directors, and to be transferred for other purposes or to be cancelled. The authorization granted by the Annual General Meeting is in force until the next Annual Shareholders' Meeting.
The acquisition of own shares will start at the earliest on March 27, 2013. The shares will be acquired through public trading on NASDAQ OMX Helsinki Ltd at the market price prevailing at the time of acquisition. According to the decision by the Board of Directors, the Company may acquire a maximum of 250,000 own shares.
QPR SOFTWARE PLC
Board of Directors
Chief Executive Officer
QPR Software Plc.
Tel. +358 40 502 6397
NASDAQ OMX Helsinki Ltd
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