ETTEPLAN OYJ DISPOSES COMPANY-HELD SHARES
ETTEPLAN OYJ DISPOSES COMPANY-HELD SHARES
The Board of Directors of Etteplan Oyj has in its meeting held on
17 December 2007 made a resolution upon disposal of company-held shares
pursuant to the authorization granted to it by the Annual General Meeting
of Shareholders' held on 29 March 2007.
In accordance with the resolution it was accepted and resolved to realize the
disposal of company-held shares in such way that a 30% share of ownership and
corresponding share of voting right in Etteplan Technical Information Oy is
bought from the management of the company using partly company-held own shares
as remuneration. The 296,166 own shares have been disposed on 27 February 2008
when the purchase is realized.
Etteplan Oyj has published on January 16, 2008 an investor release of the
increase in ownership in Etteplan Technical Information Oy from 70% to 100%. The
share purchase is realized according to the conditions in the share purchase
agreement dated 3 October 2005.
After the disposal of company-held shares Etteplan Oyj holds 52 634 own shares.
Hollola, 27 February 2008
Etteplan Oyj
Board of Directors
For additional information, contact: CFO, VP Corporate Planning,
Pia Björk, tel. +358 400 241 815.
DISTRIBUTION:
OMX Nordic Exchange Helsinki
Principle media
www.etteplan.com