The share buy-back programme in Lindab International AB has been completed
Lindab has repurchased 3,935,391 own shares for a total of SEK 348,491,220 during the period 18 July 2008 to 10 December 2008.
The share buy-back has taken place with the support of the AGM's authorisation and the Board's resolution taken on 7 May 2008, to repurchase own shares up to a maximum amount of SEK 400 million, or such that the Company's holding of its own shares does not exceed five (5) percent of all shares in the company at any one time.
The total amount of shares in Lindab amounts to 78,707,820. Lindab's current holding of own shares amounts to 3,935,391 shares, which corresponds to five (5) percent of all shares and voting rights in the company. This means that the AGM's authorisation regarding the share buy-back has been fully utilised.
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The information here is that which Lindab International AB has willingly chosen to make public or that which it is obliged to make public according to the Swedish Securities Market Act and/or the Financial Instruments Trading Act.
Contacts:
LINDAB
David Brodetsky, CEO
Email: david.brodetsky@lindab.com
Tel. +46 (0)431 854 24
Nils-Johan Andersson, CFO
Tel. +46 (0)70 66 850 75
About Lindab:
Lindab is an international group that develops, manufactures and markets sheet metal products and system solutions for the construction sector.
The two business areas, Profile and Ventilation offer complete solutions for construction systems and indoor climate, as well as individual construction and ventilation components for all types of buildings.
Lindab is listed on the OMX Nordic Exchange, Stockholm, Large Cap under the ticker "LIAB".
The Lindab group has approximately 5,600 employees in 31 countries and generated sales of SEK 9,280 million in 2007. Its head office is located in Grevie near Bastad in southwestern Sweden. For more information visit www.lindabgroup.com