Acquisition of own shares at Cision AB (publ)
The board of directors of Cision AB (publ), reg. no. 556027-9514, has on July 20, 2011 resolved to utilize the annual general meeting's authorization on the repurchase of own shares in order to secure the distribution of shares to the participants of the share-based long-term incentive plan that was adopted by the annual general meeting. The acquisitions are to be made under the following terms.
Acquisitions may be made on one or more occasions, no later than up to the 2012 annual general meeting and comprise no more than 164 750 shares in accordance with the authorisation at the annual general meeting. Acquisitions shall be made on NASDAQ OMX Stockholm at a price within the spread of prices applying on the exchange, i.e. the range between the highest purchase price and the lowest selling price of the share.
The company’s acquisitions of own shares may during a single trading day not exceed 25 percent of the average daily turnover during the four calendar weeks immediately preceding the week during which the acquisitions were effected.
Cision AB (publ) does presently not hold any own shares.
For further information, please contact:
Erik Forsberg, CFO, telephone 46 (0)8 507 410 91
e-mail: erik.forsberg@cision.com
Cision AB (publ)
P.O. Box 24194
SE-104 51 Stockholm, Sweden
Corp Identity No. SE556027951401
Telephone: 46 (0)8 507 410 00
http://corporate.cision.com
Cision is the leading provider of software, services, and tools to the public relations and marketing industry. Marketing and PR professionals use our products to help manage all aspects of their brands – from identifying key media and influencers to connecting with audiences; monitoring traditional and social media; and analyzing outcomes. Journalists, bloggers, and other influencers use Cision’s tools to research story ideas, track trends, and maintain their public profiles. Cision is present in Europe, North America and Asia, with partners in over 125 countries and is quoted on the Nordic Exchange with revenue of SEK 1.1 billion in 2010. This press release is also available at http://corporate.cision.com.
Tags: