Aktia Bank plc: Acquisition of own shares completed
Aktia Bank plc
Stock exchange release
6.10.2015 at 11:00 a.m.
Acquisition of own shares completed
Aktia Bank plc has completed the acquisition of own shares as informed in the Stock Exchange Release of 11 August 2015. During the period from 27 August to 5 October 2015, Aktia Bank purchased 120,000 of its own series A shares at an average price of approximately EUR 10.87 per share by public trading in compliance with the rules of NASDAQ Helsinki Oy. The total price of the acquisition of shares was EUR 1,311,411.71.
These acquired treasury shares will be used for the company’s share-based incentive scheme and/or for the remuneration of members of the company's administrative bodies, mainly in 2016, which will be informed separately.
Following the acquisitions, Aktia Bank plc holds 142,112 series A shares and 6,658 series R shares. Following these purchases, Aktia Bank plc has the opportunity to acquire further 80,000 series A shares with the authorisation granted by the Annual General Meeting to acquire the company's own shares
AKTIA BANK PLC
CEO Jussi Laitinen
For more information, please contact:
Director Mia Bengts, HR & Group Legal, tel. +358 10 247 6348
Nasdaq Helsinki Oy
Central mass media
Aktia Group provides a broad range of products within banking, insurance and real estate agency. Aktia operates mainly in coastal areas and inland growth areas. Aktia has about 300,000 customers who are served by over 900 employees at some 50 branch offices and via Internet and telephone services. Aktia's shares are listed on the list of NASDAQ Helsinki Ltd. For more information about Aktia see www.aktia.com