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2012-05-18 16:29:20 CEST 2012-05-18 16:30:17 CEST REGULATED INFORMATION Vaisala - Company AnnouncementVaisala Corporation Board's Decision to Acquire Company's Own Shares by Contractual TradeVaisala Corporation Stock Exchange Release May 18, 2012 at 5:30 pm Vaisala Corporation disclosed on May 3, 2012 upon the decision of the Board of Directors to use the authorization granted by the Annual General Meeting of Shareholders held on March 28, 2012 for acquiring the company's own series A shares. A maximum total of 150,000 series A shares representing approximately 0.82% of the Company's total shares, 1.01% of all series A shares and 0.22% of the total voting rights will be repurchased. The company has currently 14,700 treasury shares in its possession. As announced on May 3, 2012 the shares are intended to be acquired through public trading at the market price prevailing at the time of acquisition in accordance with the rules of on the NASDAQ OMX Helsinki Ltd. Due to the minor trading volume of the company's shares, the Board of Directors of Vaisala Corporation has decided to acquire own shares by contractual trade and thus deviate from the procedures referred to in Clauses 3.2.1 - 3.2.2 in accordance with the NASDAQ OMX Helsinki Ltd's Clause 3.2.5 related to acquisition of own shares. The acquisition of own shares according to the decided manner may lead to the volume of the acquisition at that particular trading day being more than 50 % of the trading volume of that trading day. The treasury shares to be repurchased will be primarily used in the company's Performance Share Plan to be implemented in 2012. Vantaa, May 18, 2012 Vaisala Corporation The Board of Directors Further information Kjell Forsén, President and CEO, Tel. +358 400 757 948 About Vaisala Vaisala is a global leader in environmental and industrial measurement. Building on 75 years of experience, Vaisala contributes to a better quality of life by providing a comprehensive range of innovative observation and measurement products and services for chosen weather-related and industrial markets. Headquartered in Finland, Vaisala employs approximately 1400 professionals worldwide and is listed on the NASDAQ OMX Helsinki stock exchange. www.vaisala.com Distribution NASDAQ OMX Helsinki Ltd. Major media www.vaisala.com [HUG#1613322] |
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