RusForest synthetic share buy-backs


Stockholm, 2015-10-01 08:05 CEST (GLOBE NEWSWIRE) -- RusForest AB (“RusForest” or the “Company”) (NASDAQ OMX: RUSF), a Swedish forestry company with operations in Russia, has between 1 September 2015 and 30 September 2015 synthetically repurchased 502,913 shares, at an average price of 2.013 SEK,  in accordance with the authorization given by the ordinary general meeting on 15 May 2015. This represents 0.38% of the total number of outstanding shares of RusForest.

The total number of synthetically repurchased shares as of the end of Q3 2015 amounts to 502,913 shares, representing 0.38% of the total number of outstanding shares of RusForest.

The total number of outstanding shares as at 30 September 2015 is 132,033,881.

Continuous information regarding synthetic purchases can be found on the Company’s website www.rusforest.com

About RusForest AB

RusForest is a Swedish forestry company operating in Eastern Siberia. The Company controls long-term timber leases and utilizes these resources to produce a wide range of sawnwood products. RusForest is listed on NASDAQ OMX Stockholm First North (ticker “RUSF”).

RusForest AB's Certified Adviser on First North is Pareto Securities AB.

For additional information, please visit the Company’s website at www.rusforest.com or contact:

Gustav Wetterling, Group CFO, telephone: +46 8 771 85 00