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2009-11-16 13:30:00 CET 2009-11-16 13:30:02 CET REGULATED INFORMATION Neomarkka - Company AnnouncementNEOMARKKA TO START ACQUIRING ITS OWN SHARESNEOMARKKA PLC STOCK EXCHANGE RELEASE 16.11.2009 at 2.30 p.m. 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 10 June 2009 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 shares will be acquired in public trading arranged by NASDAQ OMX Helsinki in accordance with its rules, and the consideration to be paid for the shares to be acquired must be based on market price. The company may acquire B class shares directly from other shareholders than the biggest shareholder by entering into a contractual trade, provided that the number of class B shares to be acquired via contractual trade is at least 15,000 and that the consideration to be paid for the shares corresponds to the prevailing market price in NASDAQ OMX Helsinki at the time of the acquisition. 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 or 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 Neomarkka Plc is an investment company that invests mainly in industrial companies with similar synergic benefits. The aim of investments is with active ownership to develop the purchased companies and establish additional value. Returns are sought both through dividend flow and an increase in value. The company may also invest in listed and unlisted securities and in real estates. Neomarkka's B shares are listed on the NASDAQ OMX Helsinki Oy main market. |
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