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 72Â 301 53 31, rutger.arnhult@klovern.se
Britt-Marie Einar, Finance and IR Manager, deputy CEO,
+46Â 155-44 33 12/+46 70-224 29 35,
britt-marie.einar@klovern.se
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 +46 155-44 33 00,
Fax +46Â 155-44 33 22. Corporate registration no. 556482-5833. Registered office:
Nyköping. www.klovern.se. info@klovern.se.
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:
http://hugin.info/134084/R/1614940/514689.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(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 the information contained therein.
Source: Klövern AB (publ) via Thomson Reuters ONE
[HUG#1614940]
