Utilization of authorization in SWECO AB (publ) to repurchase own class C shares
ET | Source:SWECO AB
The Annual General Meeting of SWECO AB (publ) resolved on 16 April 2014 to
authorize the Company’s board to decide on the repurchase of the Company’s own
class C shares in order to secure the Company’s obligations in connection with
the Share Bonus Scheme 2014 resolved upon by the Annual General Meeting.
Today, the Company’s board has decided to utilize the authorization for this
purpose. The acquisition of class C shares will be made by Sweco repurchasing
all of the outstanding 900,000 class C shares from the assisting financial
institution, at the share issue price of SEK 1 per share. The repurchase will be
made between 8 May and 30 May 2014.
The Company currently holds 492 048 class B treasury shares, representing 0.5
per cent of the total outstanding number of shares and 0.3 per cent of the votes
in the Company.
For additional information, please contact:
Lisa Lagerwall, General Counsel, +46 (0)8-695 66 16, email@example.com
Åsa Barsness, Communications Director at Sweco, +46 (0)8-695 66 40,
Sweco is the Nordic region’s leading provider of services for sustainable
engineering and design. Together, our 9,000 engineers, architects and
environmental experts develop sustainable and value-creating solutions for
clients and society. Sweco is one of Europe’s ten largest consulting engineering
companies and conducts annual project exports to 80 countries worldwide. The
company has annual sales of approximately SEK 9 billion and is listed on Nasdaq
OMX Stockholm AB.
The information contained herein is subject to the disclosure requirements of
Sweco AB under the Swedish Securities Exchange and Clearing Operations Act
and/or the Financial Instruments Trading Act. The information was submitted for
publication on 6 May 2014, 18:30 p.m. CET.
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