Scandi Standard purchases own shares

In accordance with the resolution of the AGM on 25 April 2016, Scandi Standard announces today the commencement of a share purchase program, to secure the cost and delivery of shares to participants in the company’s Long Term Incentive Plan 2016. The program will meet the following terms:

  1. A maximum of 269,598 shares in the company may be acquired.
  2. The purchases will take place between now and the next AGM.
  3. Acquisitions shall be made on the Nasdaq Stockholm at the prevailing market price.
  4. Payment for shares shall be made in cash.

Further information
Tobias Wastensson, Acting CFO, Scandi Standard, +46 10 456 14 86

 
Scandi Standard is the largest producer of chicken-based food products in the Nordic region with leading positions in Sweden, Denmark, Norway and Finland. The company produces, markets and sells chilled and frozen products under the brands Kronfågel, Danpo and Den Stolte Hane. In Norway, eggs are also packed and sold. For more information, see www.scandistandard.com

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About Us

Scandi Standard is the leading producer of chicken-based food products in the Nordic region and in the Republic of Ireland. We produce, market and sell ready to eat, chilled and frozen products under the well-known brands Kronfågel, Danpo, Den Stolte Hane, Naapurin Maalaiskana and Manor Farm. In Norway eggs are also produced and sold. Since 2013 our family has grown dramatically with a revenue of 7,101 (2017) with approximately 3 000 employees. Vision: Better Chicken for a Better LifeMission: The Scandi Way – The way we work every day to become better and make a difference, promoting health and wellbeing for people, the chickens and our planet.

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