|
|||
2007-03-14 14:58:10 CET 2007-03-14 14:58:10 CET REGULATED INFORMATION Panostaja Oyj - Company AnnouncementLIQUIDITY PROVIDING FOR PANOSTAJA OYJ's A and B SHARE FROM OKO BANK PLCPanostaja Oyj Stock Exchange Bulletin, 14th March 2007 LIQUIDITY PROVIDING FOR PANOSTAJA OYJ's A and B SHARE FROM OKO BANK PLC Panostaja Oyj and OKO Bank Plc have signed a market making agreement that meets the requirements of Liquidity Providing (LP) on the Helsinki Stock Exchange concerning Panostaja Oyj's A and B shares. The market making agreement aims at i.a. increasing the liquidity of the shares, reducing the share price volatility, and at facilitating minor shareholders' trading with the shares. According to the agreement, OKO Bank Plc will quote bids and offers for Panostaja Oyj's A and B shares so that the spread of the bid and offer prices is a maximum of 3%. The bids and offers quoted by the liquidity provider will be for a number of shares that corresponds to the value of at least 4000 euro. OKO Bank Plc undertakes to quote bids and offers for the Panostaja Oyj share in the trading system of the Helsinki Stock Exchange on the main list on each trading day for at least eighty five (85) per cent of the Continuous Trading Period I, and also in the daily opening and closing procedures. Market making in accordance with the agreement will commence on 19th March.2007. The agreement will be in force initially for six (6) months and thereafter until further notice, the agreement's period of notice is one (1) month. PANOSTAJA OYJ Olli Halmevuo Toimitusjohtaja For further information, please contact: CFO Veli Ollila, tel. +358 (0)3 263 4313 |
|||
|