STOCKHOLM, 17-May-2016 — /EuropaWire/ — The Board of Enea AB has decided to use the authorization received at the annual general meeting 2016 to acquire and transfer treasury shares.
The authorization implies that acquisitions of treasury shares may only be made on Nasdaq Stockholm or in accordance with an offer to all shareholders in Enea AB. Acquisition may only be made of such amount of shares that Enea AB’s holding of treasury shares at each time does not supersede ten percent of all shares in the company. Transfer of treasury shares may be made in other ways than on Nasdaq Stockholm, including a right to deviate from the shareholders preferential rights and that payment may be made by other means than by cash. A maximum of ten percent of the total number of the shares in Enea AB may be transferred. The authorization stated above may be utilized on one or several occasions up until the annual general meeting 2017. Acquisitions of treasury shares on Nasdaq Stockholm may only be made at a price within the registered price interval at Nasdaq Stockholm. Transfer of treasury shares in connection with acquisitions of businesses may be made at a market price estimated by the Board.
The purpose of the authorization above is to continuously be able to adjust the capital structure of Enea AB to the capital needs of the company, to enable financing, in whole or in part, in connection with acquisitions of businesses and for securing available shares in the previously adopted stock purchase plan.
Enea AB holds at the present 546,911 treasury shares, which equals 3.3 percent of all shares in the company.
For more information contact:
Anders Lidbeck, President & CEO
Phone: +46 8 507 140 00
Fredrik Medin, SVP Marketing & Communication
Phone: +46 70 971 40 11
Enea is a global supplier of network software platforms and world class services, with a vision of helping customers develop amazing functions in a connected society. We are committed to working together with customers and leading hardware vendors as a key contributor in the open source community, developing and hardening optimal software solutions. Every day, more than three billion people around the globe rely on our technologies in a wide range of applications in multiple verticals – from Telecom and Automotive, to Medical and Avionics. We have offices in Europe, North America and Asia, and are listed on Nasdaq Stockholm. Discover more at www.enea.com or contacts us via firstname.lastname@example.org.
Enea®, Enea OSE®, Netbricks®, Polyhedra®, Zealcore®, Enea® Element, Enea® Optima, Enea® LINX, Enea® Accelerator, Enea® dSPEED Platform and COSNOS® are registered trademarks of Enea AB and its subsidiaries. Enea OSE®ck, Enea OSE® Epsilon, Enea® Optima Log Analyzer, Enea® Black Box Recorder, Polyhedra® Lite, Enea® System Manager, Enea® ElementCenter NMS, Enea® On-device Management and Embedded for LeadersTM are unregistered trademarks of Enea AB or its subsidiaries. All rights reserved. © Enea AB 2016.