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2007-08-22 15:00:01 CEST 2007-08-22 15:00:01 CEST REGULATED INFORMATION Sampo - Company AnnouncementREPURCHASE OF SAMPO PLC'S A SHARESSAMPO PLC STOCK EXCHANGE RELEASE August 22 2007 4 p.m. REPURCHASE OF SAMPO PLC'S A SHARES Based on the authorisation granted by the Annual General Meeting on 12 April 2007, Sampo plc's Board of Directors has today decided to repurchase Sampo's A shares with distributable capital and reserves. Maximum amount to be repurchased is 28,000,000 A shares, corresponding to approximately 4.8 per cent of the total number of shares. Repurchases shall decrease the distributable capital and reserves. The shares shall be acquired through public trading on the OMX Nordic Stock Exchange at market price prevailing at the time of repurchase. Weighty financial reasons for repurchases exist as they are carried out in order to follow the company's distribution policy. Share repurchases shall start on 29 August 2007 at the earliest, and end by the end of the next Annual General Meeting at the latest. SAMPO PLC Jarmo Salonen Head of Investor Relations and Group Communications phone +358 10 516 0030 Distribution: Helsinki Stock Exchange The principal media Financial Supervision www.sampo.com |
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