ÅF: Buy-Back of shares in connection with Performance-Related Share Programme 2008
For further information, please contact:
Jonas Ågrup, CFO
+46 (0)70-333 04 95
Viktor Svensson, Director, Corporate Information
+46 (0)70-657 20 26
At their Annual General Meeting on 23 April 2008, ÅF shareholders gave the Board a mandate to buy back up to 230,000 of the company's class B shares before the 2009 Annual General Meeting.
In a decision based on this mandate, the Board of ÅF AB, today resolved to acquire a maximum of 230,000 class B shares, during the period of 11th of November 2008 until the 5th of May 2009. The shares will be purchased for cash on the OMX Nordic Exchange in Stockholm at a price that falls within the registered share price range at the time of purchase.
The purpose of the buy-backs is to safeguard the company's obligations with regard to the Performance-Related Share Programme 2008 that was approved by the 2008 AGM.
ÅF does not currently own any of the company's class B shares.
ÅF is a leader in technical consulting, with expertise founded on more than a century of experience.
We offer highly qualified services and solutions for industrial processes, infrastructure projects and the development of products and IT systems. We are also a leading name in testing and inspection.
Today ÅF has more than 4,000 employees.
Our base is in Europe, but our business and our clients are found all over the world.