|
|||
2010-08-18 12:33:31 CEST 2010-08-18 12:34:27 CEST REGULATED INFORMATION Amanda Capital - Company AnnouncementAMANDA CAPITAL TO REPURCHASE ITS OWN SHARESAMANDA CAPITAL PLC STOCK EXCHANGE RELEASE August 18, 2010 AMANDA CAPITAL TO REPURCHASE ITS OWN SHARES Amanda Capital Plc's Board of Directors has today decided, on basis of the authorisation granted by the Annual General Meeting, held on April 14 2010, to repurchase Amanda's shares. According to the authorisation the company may acquire shares for the purposes of developing the structure of the company's equity, annulling them, using the shares according the personnel incentive plans or for financing the acquisition of business assets, or in any other case where the Board of Directors considers that this would be a beneficial way to use liquid assets. The authorisation also covers the transfer of shares acquired by the company and their use for the purposes specified above, the manner and price subject to separate decision by the Board of Directors. The share repurchases will start at the earliest on August 25, 2010. The shares will be acquired through public trading on the OMX Nordic Exchange Helsinki at the market price prevailing at the time of repurchase. According to the decision by the Annual General Meeting the company may acquire maximum of 2 200 000 own shares. AMANDA CAPITAL PLC BOARD OF DIRECTORS Additional Information: CEO Petter Hoffström, tel. +358 9 6829 6012 Distribution: OMX Nordic Exchange in Helsinki, www.amandacapital.fi The Amanda Group is a private equity management company. Its parent company is the first publicly listed private equity fund of funds in Scandinavia. Amanda has investments in 24 private equity funds and in four funds of funds under Amanda's own management. Amanda Group offers asset management, investment advice, administrative and reporting services to 13 portfolios. Investments from these portfolios has been made to over 190 private equity funds in Europe, the USA, Asian Russia totalling original commitments of EUR 2.6 billion. |
|||
|