Acquisition of own shares completed

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Aktia Bank plc
Stock Exchange Release
14.12.2016 at 10 am

 

Aktia Bank plc has completed acquisition of own shares as informed in the Stock Exchange Release of 10 August 2016. During the period from 7 September to 13 December 2016, Aktia Bank purchased 185,000 of its own series A shares at an average price of approximately EUR 9.28 per share by public trading in compliance with the rules of NASDAQ Helsinki Oy. The total price of the acquisition of shares was EUR 1,724,520.66.

These acquired treasury shares has been used and will be used for the company’s share-based incentive scheme and/or for the remuneration of members of the company's administrative bodies, mainly in 2017, which will be informed separately.

Following the acquisitions, Aktia Bank plc holds 184,669 series A shares and 6,658 series R shares. Following these purchases, Aktia Bank plc has the opportunity to acquire further 15,000 series A shares with the authorisation granted by the Annual General Meeting to acquire the company's own shares.

 

AKTIA BANK PLC

CEO Jussi Laitinen

 

For more information, please contact
Director Mia Bengts, HR & Group Legal, tel. +358 10 247 6348

 

 

Distribution:
Nasdaq OMX Helsinki Oy
Central mass media

www.aktia.com

 

Aktia Group provides a broad range of products within banking, insurance and real estate agency. Aktia operates mainly in coastal areas and inland growth areas. Aktia has about 350,000 customers who are served by nearly 1,000 employees at 50 branch offices and via web and telephone services. Aktia's shares are listed on the list of NASDAQ Helsinki Ltd. For more information about Aktia see www.aktia.fi