The Annual General Meeting of AS Silvano Fashion Group shareholders decided on June 30, 2012, to cancel 100,000 own shares that were acquired as a result of a share buyback program. Thus, the share capital of the Company will be reduced by EUR 40,000 and will amount to EUR 15,760,000 after the registration with Business Registry.
Tomorrow, on July 11, 2012, the mentioned 100,000 own shares will be transferred under separate temporary name and will be given cancellation note in Estonian CSD. Thus, starting tomorrow, July 11, 2012, there will be 39,400,000 shares of AS Silvano Fashion Group (SFGAT) listed in the Main List of NASDAQ OMX Tallinn stock exchange.
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