REVENIO GROUP TO REPURCHASE IT'S OWN SHARES
Revenio Group Corporation
Stock exchange release, August 8, 2011 at 09:10 a.m.
REVENIO GROUP TO REPURCHASE IT'S OWN SHARES
The Board of Directors of Revenio Group Corporation has decided in the meeting of August 8, 2011 to begin the purchasing of company's own shares on the grounds of the authorization given by the Annual General Meeting of March 31, 2011.
According to the authorization, the shares can be acquired in order to develop the company's capital structure, finance and execute acquisitions or similar arrangements or used as part of the incentive scheme of the personnel or convey otherwise or be invalidated.
The shares will be acquired through public trading on the NASDAQ OMX Helsinki at the market price prevailing at the time of acquisition.
The repurchase of the Company's own shares will begin on August 16, 2011 at the earliest and it will continue until noticed.
Revenio Group Corporation
Olli-Pekka Salovaara
President and CEO
For further information, please contact:
Olli-Pekka Salovaara, President & CEO, +358 (0)40 567 5520 (mobile)
olli-pekka.salovaara@revenio.fi
DISTRIBUTION:
NASDAQ OMX Helsinki
Financial Supervisory Authority (FIN-FSA)
Key media
Revenio Group Corporation, listed on the NASDAQ OMX Helsinki, is the parent company of the Finnish conglomerate Revenio Group. Revenio Group Corporation's subsidiaries share a focus on Finnish specialist expertise and export-based operations.
Revenio Group consists of six independent subsidiaries in five business areas. These subsidiaries are Done Logistics Oy, Done Software Solutions Oy, Icare Finland Oy, Boomeranger Boats Oy, FLS Finland Oy and Midas Touch Oy.