Proffice Aktiebolag (publ) acquires its own shares

PRESS RELEASE               Stockholm, May 6, 2015

Supported by authorization from the 2015 Annual General Meeting, on 5 May 2015 the Board of Directors of Proffice Aktiebolag (publ) resolved to initiate a buy-back programme pursuant to the Commission's Regulation (EC) no. 2273/2003 of 22 December 2003 (”EC Regulation”) with the aim of reducing the company's capital.

Buy-back of the company's own B-shares on Nasdaq Stockholm can be implemented on one or several occasions and takes place with the aim established by the Annual General Meeting of giving the Board of Directors an enhanced opportunity to adapt the company's capital structure on a continuous basis and thereby contribute to increased shareholder value.

Acquisition of the company's own B-shares must take place before the 2016 Annual General Meeting in accordance with the rules concerning acquisition of own shares as set out in the EU Regulation and by Nasdaq Stockholm's regulations for issuers, and may comprise a maximum of 4,500,000 B‑shares, equivalent to 7.19 percent of the total number of shares in Proffice AB (taking into account Proffice's existing holding of B-shares). The acquisition will take place within the "spread", i.e. the interval between the highest buying rate and the lowest selling rate.

The total number of shares in Proffice AB amounts to 68,677,773, 2,000,000 of which are A-shares with ten votes each and 66,677,773 are B-shares with one vote each. At the time of this press release, the company holds 438,919 B-shares.

For information regarding implementation of the acquisition of the company's own shares refer regularly to http://www.nasdaqomx.com/transactions/markets/nordic/corporate-actions/stockholm/repurchases-of-own-shares. The intention is not to specifically announce purchases implemented, unless mandatory disclosure obligations apply.

This is a translation from Swedish. In the event of any discrepancies between the Swedish version and the translation, the former shall have precedence.

For more information, please contact:
Henrik Höjsgaard, CEO, Proffice AB, +46 8 787 17 00,
henrik.hojsgaard@proffice.com
Benno Eliasson, CFO, Proffice AB, +46 8 787 17 00,
benno.eliasson@proffice.com

Proffice Group is one of the Nordic region's largest specialists within staffing, recruitment and outplacement. Our commitment and service help people and companies to find solutions to develop. The Proffice Group consists of Proffice, Dfind and Antenn and it has around 10,000 employees. The Proffice share is listed on Nasdaq Stockholm, Mid Cap. www.proffice.com

Proffice Aktiebolag (publ) discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 7.55 am CET on May 6, 2015.

About Us

Proffice is the Nordic flexible staffing company. We have more than 10,000 employees and provide temporary staffing, recruitment services, outsourcing, and career & development programs. The Proffice share is listed on Stockholmsbörsen (Stockholm Stock Exchange).

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