Repurchase program in ReadSoft ABAt today's extra ordinary shareholders meeting, the Board of Directors was authorized, at one or several occasions, up to the next annual meeting 2010, to decide on purchase and transfer of own shares.
Purchase may be made of maximum a number of shares so that the company's possession of shares at each point in time does not exceed ten % of the total number of shares in the company. Transfer may be made without the shareholders preferential rights on NASDAQ OMX Stockholm and to third parties in connection with acquisition of companies or businesses. The purpose of the authorization is to give the Board of Directors possibility to adjust the company's capital structure and to enable acquisition financing through use of own shares.
For additional information please contact:
Jan Andersson, CEO, ReadSoft
Phone: +46 708 - 37 66 00
Jan Bertilsson, CFO
Phone: +46 42 - 490 21 43
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. Specialized solution labs for SAP, Oracle, Microsoft and Capture processes ensure cutting edge solutions with great customer value. 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.