Loomis AB acquires own shares of series B Following authorization by the Annual General Meeting 2010, the Board of Directors of Loomis AB (publ) has decided to acquire the company's own shares of series B on the NASDAQ OMX Stockholm. The authorization is part of the incentive scheme adopted by the Annual General Meeting held on 29 April 2010 (“Incentive Scheme 2010”) and includes the number of the company's own shares of series B that could be transferred to participants in the Incentive Scheme 2010. The acquisitions of the company's own shares of series B will take place prior to the Annual General Meeting to be held on 11 May 2011 and includes a maximum of 150,000 shares. The acquisition will take place within the so-called spread, that is, the interval between the highest purchase price and the lowest sales price. The acquisition is to take place in accordance with the Commission regulation (EC) No. 2273/2003 of 22 December 2003, implementing Directive 2003/6/EC of the European Parliament and of the Council as regards exemptions for buy-back programmes and stabilisation of financial instruments. The acquisitions will be administered by an investment firm or a credit institution which makes its trading decisions in relation to Loomis AB's shares independently of, and without influence from, Loomis AB. The total number of shares in Loomis AB amounts to 73,011,780 and the company holds, at the time of this press release, no own shares. For information concerning the execution of acquisitions of own shares of series B, refer to the information provided on an ongoing basis at www.nasdaqomxnordic.com. The company has no intention to provide separate press releases for the executed purchases, unless a flagging obligation is in effect. 18 April 2011 Lars Blecko President and CEO Mobile telephone number: +46 (0) 70 641 49 10
Loomis AB acquires own shares of series B
| Quelle: Loomis AB