The Board of Directors of Attendo has resolved to utilise its authority to repurchase shares
Based on the authorization granted by the Annual General Meeting of April 6, 2017 the Board of Directors of Attendo AB (publ) (“Attendo”) has resolved to repurchase the company’s own shares under a buy-back programme to a value not exceeding SEK 35.1 million. The repurchase is intended to ensure that Attendo meets its undertakings to deliver shares and pay social security contributions in accordance with Attendo’s share savings programme Attendo+.
The repurchase will be conducted in accordance with the Regulation (EU) No 596/2014 of the European Parliament and of the Council, and the Commission Delegated Regulation (EU) 2016/1052 (together the “EU Regulations”) and will be administered by SEB, which will take trading decisions independently of Attendo with regard to the timing of the repurchases.
The buy-back programme will be subject to the following conditions. The purchases will be made on Nasdaq Stockholm in accordance with its Rule Book for Issuers and in accordance with the EU Regulations. The repurchases will be made on one or several occasions but no later than the Annual General Meeting 2018 and at a price per share within the price spread registered from time to time. In addition, the limitations with regard to price under Regulation (EU) 2016/1052 shall be observed. A maximum of 325,000 shares at a total value not exceeding SEK 35.1m may be repurchased. Payment for the shares will be made in cash.
Reporting will take place through the stock exchange in accordance with applicable rules. The transactions will also be made public and published on Attendo’s website at www.attendo.com.
Repurchases may not result in Attendo’s holding of own shares at any time exceeding 10 percent of the total number of shares in the company. At the time of this press release the total number of registered shares in the company amounts to 160,000,000 and at the time of this press release Attendo holds 196,647 own shares.
Attendo AB (publ)
For further information, please contact:
Andreas Koch, Communications and IR-Director Attendo
Phone: +46 705 09 77 61
This information is such that Attendo AB (publ) is required to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the Communication and IR-Director, on 5 September 2017 at 14.00 CET.
Attendo – the leading care and healthcare company in the Nordics
Attendo is the leading private provider of publicly financed care and healthcare services in the Nordic region. The company was founded in 1985 and was first to provide outsourced care for older people in Sweden. In addition to care for older people, Attendo provides care for people with disabilities, individuals and families, and, in Finland, healthcare and dental care. Attendo has more than 20,000 employees and is locally anchored with over 500 operations in more than 200 municipalities in Sweden, Finland, Norway and Denmark. www.attendo.com