Aktia Bank plc to start acquisition of own shares


Aktia Bank Plc
Stock exchange release
11.8.2015 at 12.00 a.m.

 

The Board of Directors of Aktia Bank plc has today decided to use the authorisation granted by the Annual General Meeting on 13 April 2015 to acquire the company's own shares for use in the company's share based incentive scheme and/or for the remuneration of members of the company's administrative bodies. The acquisition of the company's own shares will start on 12 August 2015 at the earliest and end by the Annual General Meeting 2016 at the latest.

Under the authorisation the Board of Directors has decided to acquire a total of maximum 120,000 A series shares, corresponding to approximately 0.27% of the number of currently issued series A shares.

The shares will be acquired through public trading on the NASDAQ OMX Helsinki exchange in one or several lots at the market price prevailing at the time of purchase using the company's unrestricted equity and deviating from shareholders' pre-emptive subscription right to the company's own shares. The shares will be acquired and paid in accordance with the rules of NASDAQ OMX Helsinki Ltd and Euroclear Finland Ltd.

Currently Aktia Banks Plc’s holding of own A series shares amounts to 22 112 shares.

 

Aktia Bank Plc

 

Jussi Laitinen
CEO

 

Further information: Legal counsel Mia Bengts, tel: 010 247 6348

  

Distribution:
Nasdaq Helsinki Ltd
Central media
www.aktia.com


Aktia provides a broad range of products within banking, insurance and real estate agency. Aktia operates mainly in coastal areas and inland growth areas. Aktia has about 300,000 customers who are served by over 900 employees at some 50 branch offices and via Internet and telephone services. Aktia's shares are listed on the list of NASDAQ Helsinki Ltd. For more information about Aktia see www.aktia.com.