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.
AS Premia Foods
Chairman of Management Board
T: +372 6 033 800