Repurchase of own shares
In accordance with the mandate granted by the Annual General Meeting on June 5th 2008, the board of directors of ContextVision has decided to repurchase own shares. The repurchase program is planned to amount to 200,000 shares at a share price not lower than 20 NOK and not higher than 35 NOK. Repurchases will continue up until the next Annual General Meeting in June 2009, or until 200,000 shares have been repurchased.
The reason for the repurchase is to create shareholder value by decreasing the amount of outstanding shares.
SEB Enskilda in Oslo is managing the repurchase of shares.
For inquires please contact
Chief Financial Officer
+46 (0)8 750 35 52