Utilisation of authorisation in Sweco AB (publ) to repurchase own class C shares
The Annual General Meeting resolved on 27 April 2017 to authorise the Board of Directors of Sweco AB (publ) to decide on the repurchase of the company’s own class C shares in order to secure the company’s obligations in connection with the Share Bonus Scheme 2017 resolved upon by the Annual General Meeting.
Today, the Company’s board has decided to utilise the authorisation for this purpose. Repurchase of class C shares will be made by an offer directed to the holder of all the outstanding 500,000 class C shares, not later than 31 May 2017, at a price of SEK 1.00 per share.
The Company currently holds 1,785,118 class B treasury shares and 900 000 class C treasury shares, representing 2.2 per cent of the total outstanding number of shares and 1.2 per cent of the votes in the company.
For additional information, please contact:
Lisa Lagerwall, General Counsel, +46 (0)8-695 66 16, firstname.lastname@example.org
Per Holmlund, Head of Public Relations, +46 (0)73-156 03 12, email@example.com
Sweco plans and designs tomorrow’s communities and cities. Our work produces sustainable buildings, efficient infrastructure and access to electricity and clean water. With 14,500 employees in Europe, we offer our customers the right expertise for every situation. We carry out projects in 70 countries annually throughout the world. Sweco is Europe’s leading engineering and architecture consultancy, with sales of approximately SEK 16.5 billion (EUR 1.7 billion). The company is listed on Nasdaq Stockholm.
This information is information that Sweco AB is obliged to make public pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication, through the agency of the contact person set out above, at 6:15 pm CET on May 10 2017.