SRV Group Plc starts acquisition of company's own shares
The Board of Directors of SRV Group Plc has decided to use the authorization
given by of the Annual General Meeting of SRV Group Plc's shareholders on 14
April 2008 to acquire the company's own shares with the company's unrestricted
equity. A maximum of 3,676,846 own shares, or a lower amount that, in addition
to the shares already owned by the company and its subsidiaries, is less than 10
per cent of all shares, may be acquired on the basis of the authorization. The
authorization includes the right to acquire own shares otherwise than in
proportion to the holdings of the shareholders. At the moment, SRV Group has in
its possession 71,853 shares.
Own shares will be acquired otherwise than in proportion to the holdings of the
shareholders with the company's own unrestricted equity for the current price,
quoted at OMX Nordic Helsinki Stock Exchange at the moment of acquisition of
shares.
The company's own shares can be acquired in order to be used as part of the
company's incentive programs, as payment in corporate acquisitions or when the
company acquires assets relating to its business as well as to be otherwise
conveyed, held or cancelled.
Share acquisition will start earliest on June 9, 2008. The authorization is in
force for 18 months from the decision of the Annual General Meeting.
SRV Group Plc
Eero Heliövaara
CEO
For further information please contact:
SRV Group Plc
Eero Heliövaara, CEO, tel.
+358 (0)20 1455 202
Distribution:
OMX Nordic Helsinki Stock Exchange
Central media
