The Board of Directors of KlÃ¶vern 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 KlÃ¶vern'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.
NykÃ¶ping, 24 May 2012
KlÃ¶vern AB (publ)
For further information, please contact:
Rutger Arnhult, CEO, +46 72Â 301 53 31, firstname.lastname@example.org
Britt-Marie Einar, Finance and IR Manager, deputy CEO,
+46Â 155-44 33 12/+46 70-224 29 35,
KlÃ¶vern 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 KlÃ¶vern
share is listed on NASDAQ OMX Stockholm Mid Cap.
KlÃ¶vern AB (publ), Box 1024, SE-611 29 NykÃ¶ping, Sweden. Tel +46Â 155-44 33 00,
Fax +46Â 155-44 33 22. Corporate registration no. 556482-5833. Registered office:
NykÃ¶ping. www.klovern.se. email@example.com.
This information is such that KlÃ¶vern 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 KlÃ¶vern initiates repurchase of shares:
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Source: KlÃ¶vern AB (publ) via Thomson Reuters ONE