STOCKHOLM, June 5, 2019 /PRNewswire/ -- The Board of
Directors of Securitas AB (publ) ("Securitas") has resolved,
pursuant to the authorization granted by the Annual General Meeting
held on 6 May 2019, to acquire the
company's own shares of series B on Nasdaq Stockholm. The purpose
of the acquisition is to ensure Securitas' undertakings in respect
of share-related or share-based incentive programs (other than
delivery of shares to participants of incentive programs),
including covering social security costs.
The acquisition may commence on 5 June
2019 and shall end no later than 1
May 2020 and will be administrated by Skandinaviska Enskilda
Banken (SEB), which, based on the trading order given by Securitas
to SEB, will take trading decisions independently of Securitas with
regard to the timing of the acquisition.
Acquisition may comprise a maximum of 1,000,000 series B shares
on one or several occasions and shall be made on Nasdaq Stockholm
in accordance with its Rule Book for Issuers. The acquisitions will
be made at a price per share within the from time to time
registered trading interval. Payment for the shares will be made in
cash. Reporting will take place through the stock exchange in
accordance with applicable rules.
The total number of shares in Securitas amounts to 365,058,897,
of which 17,142,600 shares of series A and 347,916,297 are shares
of series B. At the time of this press release the company holds no
own shares. In the event of a fully executed share repurchase, the
company will own shares representing maximum 0.3 per cent of the
issued shares in the company.
This press release is also available at: www.securitas.com
Information:
Micaela Sjökvist
Head of Investor Relations
Securitas AB
Mobile: +46-76-116-7443
E-mail: micaela.sjokvist@securitas.com
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SOURCE Securitas