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The Board of Directors of SWECO has decided, with the support of an authorisation granted by the AGM on 26 April 2007, to implement a resale of not more than 12,000 class B treasury shares to NNBK Finnmark AS. The resale will take place by 1 September 2007 at the latest. The price per share will correspond to the final bid price for SWECO class B shares on the OMX Nordic Stock Exchange in Stockholm on the date of transfer, with the right and obligation for NNBK Finnmark AS to make payment through set-off of the company's claims on SWECO. The motive for the resale is to use the shares as partial consideration for the SWECO Group's acquisition of operations from NNBK Finnmark AS. SWECO's holding of treasury shares prior to the resale amounts to 1,163,000 class B shares and 1,000,000 class C shares, equal to approximately 2.5 per cent of all issued shares in the company. The total number of shares in SWECO is 86,414,350, divided among 9,389,075 class A shares, 76,025,275 class B shares and 1.000,000 class C shares. For further information please contact: Bo Jansson, Chief Financial Officer of SWECO AB, +46 8 695 66 06 This is the type of information that SWECO is obligated to disclose in accordance with the Swedish Securities Exchange and Clearing Operations Act and/or the Financial Instruments Trading Act. SWECO is the Nordic region's leading provider of consulting services with combined expertise in engineering, environmental technology and architecture. SWECO has around 4,900 employees in ten countries and recorded annual sales of around SEK 3.9 billion in 2006. The company has projects currently underway in some 75 countries worldwide. The SWECO share is quoted on the Stockholm Stock Exchange. SWECO is a member of OMX Nordic Exchange in Stockholm.
Source: SWECO |
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