Utilization of authorization to transfer treasury shares

Utilization of authorization to transfer treasury shares

 

The Board of Directors of Niscayah Group AB (publ) has, by virtue of
authorization from the Annual General Meeting on 3 May 2011, resolved to
transfer a maximum of 310,000 treasury shares on NASDAQ OMX Stockholm.
The transfer shall be executed no later than 30 September 2011. The
transfer shall be made at a price per share within the, at each time,
registered quotation interval, i.e. the interval between the highest
purchase quotation and the lowest sales quotation at the transfer of
shares in Niscayah Group AB (publ) on NASDAQ OMX Stockholm.

The purpose of the transfer is to cover costs, including costs for
social security contributions, to fulfill obligations under the long
term performance based incentive program (LTIP 2011) resolved upon by
the Annual General Meeting on 3 May 2011.

Prior to the transfer Niscayah Group AB (publ) holds 1,800,000 treasury
shares, corresponding to approximately 0.49 percent of the total shares
in the company. The total number of shares in Niscayah Group AB (publ)
amounts to 365,058,897.

For further information please contact:

Else Schlasberg, Investor Relations +46 (0)10 458 80 80