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Lagercrantz Group — Transaction in Own Shares 2012
Feb 15, 2012
2936_rns_2012-02-15_3845f4aa-4185-4292-b24d-e19528d1b0ee.pdf
Transaction in Own Shares
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PRESS RELEASE
Repurchase of own shares
Lagercrantz Group has on 15 February 2012 repurchased 200,000 of its own Series B shares at an average price of SEK 55.00 meaning that Lagercrantz Group's holding of own shares held in treasury amounts to 956,300 Series B shares, corresponding to 4.1 percent of the shares and 2.9 percent of the votes in the company. The total number of shares in Lagercrantz Group amounts to 23,173,309, of which 1,094,654 Series A shares.
The purpose of repurchases is to adapt the Group's capital structure and to make possible future acquisitions of companies and businesses with payment in the form of shares in the company, and to cover the company's obligations under the incentive programme resolved.
Stockholm, 15 February 2012
Lagercrantz GroupAB (publ)
For further information, contact:
Jörgen Wigh, President & CEO, Lagercrantz GroupAB, telephone +46 8 700 66 70 Bengt Lejdström, CFO, Lagercrantz GroupAB, telephone +46 8 700 66 73
LAGERCRANTZGROUPINBRIEF
Lagercrantz Group is a technology group in electronics, electrics, communication and adjacent areas. TheGroup operates in a decentralised modewith value-creating sales in close proximity to its customers and markets and has a leading position in several expansive niches.
Operations are organised in three divisions. Division Electronics is primarily involved in marketing solutions inwireless industrial communication and embedded systems. Division Mechatronics offers electro-mechanical components and production of cable harnesses, electrical connection, electrical installation material and niche steel products. Division Communications provides solutions in digital image transmission/technical security, design software and access products. Manufacturing companies are the primary customers. Lagercrantz is today represented in eight countries inNorthern Europe, and inChina.
TheGroup has sales of more than MSEK2,000 and has approximately 700 employees. Lagercrantz is listed onNASDAQOMXStockholmExchange, segment SmallCap.Additional information is available at www.lagercrantz.com.