Repurchase of shares in ReadSoft - FlaggningReadSoft AB (publ) has repurchased shares for approximately MSEK 17.6, which is therewith equivalent to 5 percent of all B shares in the Company.
From June 4 to September 2, 2009, executive management of ReadSoft AB has repurchased 1,556,672 shares in the Company for a total of approximately MSEK 17.6, at an average price of SEK 11.31.
The repurchases have been made under the authorization of the general meeting of shareholders and a resolution of the board of directors of June 4 2009 to acquire so many own shares that the Company's holding at no time exceeds 5 percent of all shares in the Company.
The total number of shares in ReadSoft amounts to 32,487,940. ReadSoft's total holding of its own shares amounts to 1,556,672 shares, which is therewith equivalent to 5 percent of all B shares in the Company. The authorization of the general meeting of shareholders regarding repurchase of own shares has been therewith fully utilized.
For additional information please contact:
Jan Andersson, CEO, ReadSoft
Phone: +46 708 - 37 66 00
Jan Bertilsson, CFO
Phone: +46 42 - 490 21 43
Jonna Opitz, Vice President, Corporate Communications
Phone: +46 733 - 37 86 68
ReadSoft is a leading global provider of software solutions for Document Automation. ReadSoft's software enables companies to automate document processes such as data entry, classification, ERP matching, workflows, e-invoicing etc. The results are faster and less expensive document processing, and increased control. ReadSoft is by far the world's number one choice for invoice automation solutions. Since the start in 1991, ReadSoft has grown to a worldwide group with operations in 16 countries on five continents and a network of local and global partners. The head office is located in Helsingborg, Sweden and the ReadSoft share is traded on the Nasdaq OMX Nordic Exchange Small Cap list. For more information about ReadSoft, please visit www.readsoft.com.