BE Group AB acquires own shares
Following authorization by the Annual General Meeting 2011, the Board of
Directors of BE Group AB has decided to acquire the company's own shares
on the Nasdaq OMX Stockholm.
The authorization is part of the share savings scheme approved by the
Annual General Meeting held on 28 April 2011 ("Share Savings Scheme
2011") and includes both the number of BE Group shares that later could
be transferred to participants in this scheme, as well as the number of
BE Group shares that could be transferred to cover social security costs
related to the Share Savings Scheme 2011.
The acquisition of own shares will take place before the Annual General
Meeting 2012 and involves a maximum of 600,000 shares. Shares will be
acquired within the "spread" (the interval between the highest bid price
and lowest sell price). The total number of BE Group shares is
50,000,000 and at the time of this press release the company holds
409,862 own shares, intended both to be transferred to participants in
the Share Savings Scheme approved by the Annual General Meeting 2009 and
2010, as well as to cover social security payments related to this
Scheme.
Information about BE Group's acquisition of own shares will be published
on an ongoing basis at www.nasdaqomxnordic.com. Transactions will not be
released for publication other than if flagging notification is
required.
For further information, please contact:
Roger Johansson, President and CEO,
tel.: +46 (0)733 188 758 e-mail:
roger.johansson@begroup.com (lars.bergstrom@begroup.com)
Torbjörn Clementz, CFO and Executive Vice President,
tel.: +46 (0)70 869 07 88 e-mail:
torbjorn.clementz@begroup.com (torbjorn.clementz@begroup.com)
BE Group AB acquires own shares
| Source: BE Group AB