Olvi Oyj - Company Announcement

OLVI PLC TO CONTINUE REPURCHASE OF SHARES

Iisalmi, 2015-12-23 07:59 CET (GLOBE NEWSWIRE) -- OLVI PLC                     
 STOCK EXCHANGE RELEASE 23 DEC 2015 



OLVI PLC TO CONTINUE REPURCHASE OF SHARES



In its meeting on 23 December 2015, the Board of Directors of Olvi plc has
decided to continue the scheme of acquiring treasury shares based on the
authorisation issued by the Annual General Meeting on 16 April 2015. On this
basis, the Board will repurchase a maximum of 10,000 Series A shares. 

The authorisation given by the AGM allows the acquisition of at most 500,000
Series A shares using unrestricted equity. The authorisation is valid until the
next Annual General Meeting of Olvi plc. 

The period of share purchases will start no earlier than 28 December 2015 and
end no later than 25 January 2016. 

The shares will be acquired at market price in NASDAQ OMX Helsinki, in public
trading and at the quoted price on the date of purchase, in accordance with the
regulations concerning the purchase of shares in public trading. 

The shares shall be acquired for the purpose of financing or executing any
upcoming corporate acquisitions or other arrangements, implementing the
company’s incentive schemes or for other purposes decided upon by the Board of
Directors. 

The company currently holds 1,124 of its Series A shares as treasury shares.





Olvi plc
Lasse Aho
Managing Director
Phone +358 17 838 5200 or +358 400 203 600





DISTRIBUTION:
NASDAQ OMX Helsinki Ltd
Key media
www.olvi.fi

Attachments:

Olve152015.pdf