Utilization of authorization in SWECO AB (publ) to repurchase own class C shares

The Annual General Meeting of SWECO AB (publ) resolved on 16 April 2015 to authorize the Company’s board 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 2015 resolved upon by the Annual General Meeting.

Today, the Company’s board has decided to utilize the authorization for this purpose. Repurchase of class C shares will be made by an offer directed to the holder of all the outstanding 900,000 class C shares, not later than 29 May 2015, at a price of SEK 1.00 per share.

The Company currently holds 698 764 class B treasury shares and 900 000 class C treasury shares, representing 1,3 per cent of the total outstanding number of shares and 0.7 per cent of the votes in the Company.

For additional information, please contact:

Lisa Lagerwall, General Counsel, +46 (0)8-695 66 16, lisa.lagerwall@sweco.se  

Åsa Barsness, Communications Director at Sweco, +46 (0)8-695 66 40, asa.barsness@sweco.se

Sweco is the Nordic region’s leading provider of services for sustainable engineering and design. Together, our 9,000 engineers, architects and environmental experts develop sustainable and value-creating solutions for clients and society. Sweco is one of Europe’s ten largest consulting engineering companies and conducts annual project exports to 80 countries worldwide. The company has annual sales of approximately SEK 9 billion and is listed on Nasdaq Stockholm.

The information contained herein is subject to the disclosure requirements of Sweco AB under the Swedish Securities Exchange and Clearing Operations Act and/or the Financial Instruments Trading Act. The information was submitted for publication on 6 May 2015, 6:30 p.m. CET.

About Us

Sweco plans and designs tomorrow’s communities and cities. Our work produces sustainable buildings, efficient infrastructure and access to electricity and clean water. With 15,000 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 16.9 billion (EUR 1.8 billion). The company is listed on Nasdaq Stockholm.


Documents & Links