Buyback of C shares within framework of 2009 Share Bonus Programme

Report this content
Read original

In accordance with the previous decision of the Annual General Meeting, Sweco AB has decided to increase its holding of treasury shares. The shares will be used within the 2009 Share Bonus Programme.

The Board of Sweco AB, with the support of an authorisation granted by the Annual General Meeting on 16 April 2009, has today decided to make an offer to the subscriber of class C shares in Sweco AB, i.e. HQ Bankaktiebolag. The offer is part of the implementation of Sweco’s 2009 Share Bonus Programme and includes all 2,500,000 class C shares issued by Sweco AB. The shares will be acquired during the period from 15 May to 19 June 2009.

Compensation for the acquired shares will be paid as a cash price of SEK 1 per class C share.

Sweco AB currently holds 2,357,867 treasury shares.

HQ Bankaktiebolag has notified Sweco of its intention to accept the offer.

When all of the 2,500,000 class C shares have been acquired, the Board of Sweco AB intends to convert these to class B shares.

Subscribe

Documents & Links