Eastnine sells one million treasury shares and receives SEK 115 million. The company’s holding of treasury shares decreases from 5.5 to 1.0 per cent of the total number of shares in the company
The board of directors of Eastnine AB (publ) (”Eastnine” or the ”Company”) has, based on the authorization granted by the annual general meeting on May 12, 2020, resolved on a sale of one (1) million treasury shares at a price of SEK 115 per share (the “Transaction”). The price has been determined through an accelerated book building procedure and corresponds to a discount of 5.1 per cent in relation to the closing price on Nasdaq Stockholm on 18 November 2020. Eastnine receives SEK 115 million before transaction costs through the Transaction.NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION,