ETTEPLAN OYJ STOCK EXCHANGE RELEASE 29 NOVEMBER 2006 17.00 P.M.
ETTEPLAN OYJ DISPOSES COMPANY-HELD SHARES
The Board of Directors of Etteplan Oyj has in its meeting held on
28 November 2006 made a resolution upon disposal of company-held
shares pursuant to the authorizations granted to it by the Annual
General Meeting of Shareholders' held on 29 March 2006.
In accordance with the resolution it was accepted and resolved to
realize the disposal of company-held shares in such way that the
new 5,882 pieces of B shares, issued in connection with the convertible
loan program of ProTang AB, directed to and possessed by ProTang's
personnel are swapped to Etteplan Oyj company-held own shares.
The 63,022 own shares have been disposed at the total price of
EUR 410,273.22. The share swap is realized according to the conditions
in the share purchase agreement for ProTang AB acquisition dated
3 February 2005.
After the disposal of company-held shares Etteplan Oyj does not hold
any own shares.
Hollola, 29 November 2006
Board of Directors
For additional information, contact: CFO, VP Corporate Planning,
Pia Björk, tel. +358 400 241 815.
DISTRIBUTION: Helsinki Exchanges
Etteplan’s services cover engineering, technical documentation, embedded systems and IoT solutions. Our customers are the world’s leading companies in the manufacturing industry. Our services are geared to improve the competitiveness of our customers’ products and engineering processes throughout the product life cycle. The results of Etteplan’s innovative engineering can be seen in numerous industrial solutions and everyday products.
In 2016, Etteplan had turnover of EUR 183.9 million. The company has over 2,500 professionals in Finland, Sweden, the Netherlands, Germany, Poland and China. Etteplan's shares are listed on Nasdaq Helsinki Ltd under the ETTE ticker.