|
|||
2009-02-27 11:30:00 CET 2009-02-27 11:30:01 CET REGULATED INFORMATION Neomarkka - Company AnnouncementNEOMARKKA TO START ACQUIRING ITS OWN SHARESNeomarkka Plc STOCK EXCHANGE RELEASE 27.2.2009 at 12.30 pm NEOMARKKA TO START ACQUIRING ITS OWN SHARES Neomarkka Plc's Board of Directors has decided to exercise the authorization it was given by the Annual General Meeting of Shareholders on 11 June 2008 to acquire the Company's own series B shares. Under the authorization given by the AGM a maximum of 588,067 Company's own series B shares may be acquired. The Company's own shares will be acquires using the Company's unrestricted equity at the market price at the time of trading on the NASDAQ OMX Helsinki exchange at the share price on the day of trading, in accordance with the rules and regulations concerning the purchase of a company's own shares in public trading. Neomarkka Plc's Board of Directors decided to deviate from the procedures referred to in Clauses 3.2.1. and 3.2.2. of the NASDAQ OMX Helsinki Ltd's guidelines 3.2.5. related to own shares of the listed companies, because of the minor trading volume of the company's shares. The training volume on certain trading day may lead to that the acquisition of own shares of the company can be more than 50 percent of the average trading volume of that trading day. The acquisition of own shares shall be effected in a way that no exceptional market movements result from such trading and on that trading day the amount of the shares cannot exceed 5 percent of the maximum amount of the share acquisition in accordance with the decisions of the company. The shares are acquired to be used in order to carry out acquisitions and other arrangements within the scope of the Company's business operations, to improve the Company's capital structure, as part of implementing the Company's incentive scheme, or to be further transferred for other purposes or to be cancelled. Neomarkka Plc Markku E. Rentto Managing Director FURTHER INFORMATION: Markku E. Rentto, Managing Director, tel. +358 207 209 191 DISTRIBUTION NASDAQ OMX Helsinki Main media www.neomarkka.fi |
|||
|