ETTEPLAN TO ACQUIRE ITS OWN SHARES
ETTEPLAN TO ACQUIRE ITS OWN SHARES
Etteplan Oyj's Board of Directors has in its meeting on October 25, 2007 decided
to initiate a share buyback of maximum of 400,000 own shares in accordance with
the authorisation given to it at the Annual General Meeting on 29 March 2007.
The number of acquired shares shall not exceed ten per cent (10%) of the
Company's share capital and of the number of voting shares.
Shares will be bought back in public trading on the OMX Nordic Exchange Helsinki
for the market price quoted at the time of the buyback, as provided by the
regulations on public trading of shares.
In accordance with the authorisation, the shares may be acquired in order to be
used as consideration in potential company acquisitions or in other structural
arrangements. The shares may be used as well for carrying out company's
incentive scheme provided to the personnel. The acquired shares may be kept by
the company, invalidated or assigned onwards.
The acquisition of company's own shares will start at the earliest in a week
from the announcement of this Board of Director's decision.
Hollola, 26 October 2007
Etteplan Oyj
Board of Directors
For further information, please contact CEO Heikki Hornborg,
tel. +358 400 873 063.
DISTRIBUTION
OMX Nordic Exchange Helsinki
Principal media
www.etteplan.com