Retirement of Repurchased Own Shares
SKÅNES FAGERHULT, Sweden, April 17, 2019 /PRNewswire/ -- The total number of holdings of own shares at 1 January 2019 was 1,210,516 and shares transferred in 2017-2018 to an Employee Share Ownership Trust ("ESOT") was 188,020. Including these shares the company's holdings was 1,398,536 and the total number of shares in issue was 40,031,100.
On 4 April 2019, the AGM resolved to retire 807,000 of the company's own repurchased shares. The retirement of shares has been carried out through a reduction of share capital with retirement of shares and a subsequent bonus issue to restore the share capital.
The total number of holdings of own shares at 17 April 2019 was 403,516 and the total number of shares in issue was 39,224,100. Consequently the company's total holdings of own shares now represent 1.0% of the total number of shares. In addition to this, the total number of own shares transferred to the ESOT during 2017-2018 are 188,020. Including these shares the company's holdings was 591,536 representing 1.5% of the total number of shares.
For further information, please contact Lennart Lindell, +46-(0)-766-104004
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/concentric-ab/r/retirement-of-repurchased-own-shares,c2791693
The following files are available for download:
SOURCE Concentric AB
News published on and distributed by:
