Sale of treasury shares in NCCRead original
With the support of the mandate from the Annual General Meeting April 12, 2016 the Board of Directors of NCC AB (publ) has decided on the sale of shares held in treasury.
The Board of Directors of NCC has decided to sell around 485,000 shares of series B in the company.
The sale, which will take place from and including May 2 to and including May 17, 2016, must occur on Nasdaq Stockholm at a price per share within the registered range of share prices from time to time and transactions will be reported through the Stock Exchange in accordance with the applicable rules.
The purpose of the sale is to cover costs, mainly for compensation for dividends, social security fees and payments on the basis of the synthetic shares, pursuant to outstanding long-term performance-based incentive programs (LTI 2013, LTI 2014 and LTI 2015) and LTI 2016.
The total number of registered shares in the company amounts to 108,435,822, of which 23,522,665 are Series A shares and 84,913,157 are Series B shares. NCC has, prior to the sale described above, 568,054 B-shares held in treasury.
For further information, please contact:
Johan Bergman, Head of Investor Relations, +46 (0)70-354 80 35
NCC’s media line: +46 8 585 519 00 or e-mail: email@example.com
This is the type of information that NCC could be obligated to disclose pursuant to the Securities Market Act. The information was issued for publication on April 29, 2016 at 8.30 a.m. CET.
All of NCC’s press releases are available at www.ncc.se/press.
NCC is one of the leading construction and property development companies in the Nordic region. In 2015, NCC reported sales of SEK 62 billion and had 18,000 employees.