SKÅNES FAGERHULT, Sweden, May 16, 2018 /PRNewswire/ — The total number of holdings of own shares at 1 January 2018 was 1,236,507 and shares transferred in 2017 to an Employee Share Ownership Trust (“ESOT”) was 93,000. Including these shares the company’s holdings was 1,329,507 and the total number of shares in issue was 40,872,000.
On 3 May 2018, the AGM resolved to retire 840,900 of the company’s own repurchased shares. The retirement of shares has been carried out through a reduction of share capital with retirement of shares and a subsequent bonus issue to restore the share capital.
eTN Chatroom for Readers (join us)
During 2018 the company have also transferred 95,020 of own shares to the ESOT and 5,018 shares have been sold.
The total number of holdings of own shares at 16 May 2018 was 295,569 and the total number of shares in issue was 40,031,100. Consequently the company’s total holdings of own shares now represent 0.7% of the total number of shares. In addition to this, the total number of own shares transferred to the ESOT during 2017-2018 are 188,020. Including these shares the company’s holdings was 483,589 representing 1.2% of the total number of shares.
For further information, please contact Lennart Lindell, +46 (0)766 104004
This information was brought to you by Cision http://news.cision.com
The following files are available for download:
SOURCE Concentric AB
To post and circulate your own press release on FIR and the eTN Network please click here