Cancellation of repurchased shares and subsequent notification of major holdings of own shares
In accordance with the decision at the Annual General Meeting on 9 June 2016, a total of 315,229 shares, which were repurchased between 25 March and 17 September 2015, were cancelled today. The cancelled shares corresponded to 1.11 percent of the Company’s total outstanding number of shares.
Following the cancellation, the number of shares and votes in East Capital Explorer AB amounts to 28,161,563, including the Company’s own holding of 1,187,898 shares that have been repurchased under the ongoing repurchase program since 20 May 2016. The Company’s holding of own shares thereby corresponds to 4.22 percent of the total number of outstanding shares and votes in the Company.
Mia Jurke, CEO, East Capital Explorer, +46 8 505 885 32
Lena Krauss, CFO and Head of Investor Relations, East Capital Explorer, +46 73 988 44 66
About East Capital Explorer
East Capital Explorer AB (publ) is a Swedish investment company, offering unique investment opportunities in Eastern Europe, where the Baltic countries represent the company’s largest investment region. The company primarily invests in unlisted assets within the private equity and real estate segments. East Capital Explorer’s main investment theme is domestic growth and the company targets fast growing sectors such as Retail and Consumer goods, Financials and Real Estate. East Capital Explorer is listed on Nasdaq Stockholm, Mid Cap.
Listing: Nasdaq Stockholm, Mid Cap - Ticker: ECEX - ISIN: SE0002158568 –
Reuters: ECEX.ST - Bloomberg: ECEX SS Equity
This information is disclosed in accordance with the Securities Markets Act, the Financial Instruments Trading Act and demands made in the exchange rules. It was released for publication at 4:00 p.m. CET on 30 June 2016.