Transaction in Own Shares • Mar 24, 2011
Transaction in Own Shares
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Disclosure 285825
SOLTEQ PLC STOCK EXCHANGE RELEASE 24 March 2011 The Board of Directors of Solteq Plc decided on 28 February 2011 on a new shareholding plan directed to the Solteq Group executives. The purpose of the plan is to enable the executives considerable long-term shareholding in the Company. As a part of the plan, the Board of Directors decided to transfer a maximum of 400,000 treasury shares held by the Company in a share issue against payment directed to Solteq Management Oy, a holding company acquired by the executives. Solteq Plc has today transferred a total of 400,000 treasury shares (STQ1V) in a directed share issue decided by the Board of Directors on 28 February 2011, as a part of the shareholding plan of the Solteq Group executives. The transfer value of the shares is EUR 1.05 per share and EUR 420,000 in total. The number of the Company's shares will remain unchanged as treasury shares held by Solteq were transferred in the share issue. Taking into account the above-specified transfer, the Company now holds a total of 164,081 shares. Tampere 24 March 2011 SOLTEQ PLC For further information, please contact: Repe Harmanen, CEO Tel +358 400 467 717, e-mail [email protected] Distribution: NASDAQ OMX Helsinki Ltd Key media www.solteq.com [HUG#1499766]
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