PRF: Implementing buy-back programme of own shares

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| Source: Premia Foods
multilang-release

Tallinn, Estonia, 2014-07-01 08:00 CEST (GLOBE NEWSWIRE) --  

AS Premia Foods starts with the implementation of the buy-back programme of own shares.

The General Meeting of shareholders of AS Premia Foods held on 29.05.2014 resolved the buy-back of up to 500,000 own shares and determined the terms and conditions of the own shares buy-back programme.

On 30.06.2014, the Management Board of AS Premia Foods executed a service agreement with AS SEB Pank for carrying out the own share buy-back programme.

From 01.07.2014 the own shares buy-back programme will be implemented in accordance with the resolution of the General Meeting held on 29.05.2014 and the Commission Regulation (EC) No 2273/2003 dated 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

         Additional information:
         Katre Kõvask
         AS Premia Foods
         Chairman of Management Board
         T: +372 6 033 800
         katre.kovask@premia.ee
         www.premiafoods.eu