Information Technology
EQT AB resolves on repurchase of own ordinary shares
The purpose of the repurchase program is to adjust EQT's capital structure (by way of cancellation of shares) and to allocate shares to the Company's Board members. The repurchase program will be carried out in accordance with the Market Abuse Regulation (EU) No 596/2014 ("MAR") and the Commission Delegated Regulation (EU) No 2016/1052 (the "Safe Harbour Regulation"). The repurchase program will be managed by Skandinaviska Enskilda Banken AB ("SEB") that, based on the trading order given by EQT to SEB, makes its trading decisions regarding timing of the acquisitions independently of EQT.
The repurchase program resolved by the Board is subject to the following terms:
The number of shares in EQT as of the date of this press release is set out in the table below. The resolution to cancel 6,899,011 ordinary shares made by Annual Shareholders' Meeting earlier today is pending registration with the Swedish Company Registration Office but has been reflected in the table below.
Olof Svensson , Head of Shareholder Relations, +46 72 989 09 15
EQT Press Office, press@eqtpartners.com, +46 8 506 55 334
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https://news.cision.com/eqt/r/eqt-ab-resolves-on-repurchase-of-own-ordinary-shares,c4156178
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