The Board of Directors of Klövern AB (publ) has decided to initiate repurchase
of own shares in accordance with the decision of the Annual General Meeting on
17 April 2012. The Annual General Meeting has authorised the Board until the
next AGM to acquire own shares so that Klövern's total holdings amount to
maximum of 10 per cent of all of the shares in the company. The decision by
the Board contains only common shares.
The purpose is, among other things, to be able to adapt the capital structure
of the Company to the capital requirement and thus be able to contribute to
increased shareholder value. The shares will be acquired on Nasdaq OMX
Stockholm at a price within the price interval registered from time to time.
At present, the number of repurchased shares amount to 5,884,999 corresponding
to 3.3 per cent of the total number of registered shares, of which 5,741,463
common shares and 143,536 preference shares.
Nyköping, 24 May 2012
Klövern AB (publ)
For further information, please contact:
Rutger Arnhult, CEO, +46 72301 53 31, email@example.com
Britt-Marie Einar, Finance and IR Manager, deputy CEO, +46155-44 33 12/+46
70-224 29 35,
Klövern is a real estate company committed to working closely with customers
to meet their needs of premises and services in Swedish growth regions. As at
31 March 2012 the value of the properties totalled approximately SEK 20.9
billion and the rental income on an annual basis was around SEK 2.3 billion.
The Klövern share is listed on NASDAQ OMX Stockholm Mid Cap.
Klövern AB (publ), Box 1024, SE-611 29 Nyköping, Sweden. Tel +46155-44 33 00,
Fax +46155-44 33 22. Corporate registration no. 556482-5833. Registered
office: Nyköping. www.klovern.se. firstname.lastname@example.org.
This information is such that Klövern AB (publ) is obliged to disclose under
the Securities Market Act and/or the Financial Instruments Trading Act. The
information was made available for publication on 24 May 2012.
PR Klövern initiates repurchase of shares
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(i) the releases contained herein are protected by copyright and other
applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of
information contained therein.
Source: Klövern AB (publ) via Thomson Reuters ONE
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