Anzeige
Mehr »
Login
Donnerstag, 28.03.2024 Börsentäglich über 12.000 News von 687 internationalen Medien
Spezial am Donnerstag: Rallye II. - Neuer Anstoß, News und was die Börsencommunity jetzt nicht verpassen will…
Anzeige

Indizes

Kurs

%
News
24 h / 7 T
Aufrufe
7 Tage

Aktien

Kurs

%
News
24 h / 7 T
Aufrufe
7 Tage

Xetra-Orderbuch

Fonds

Kurs

%

Devisen

Kurs

%

Rohstoffe

Kurs

%

Themen

Kurs

%

Erweiterte Suche
PR Newswire
74 Leser
Artikel bewerten:
(0)

Kindred Group Announces Share Repurchase

VALLETTA, Malta, May 16, 2018 /PRNewswire/ -- The Board of Kindred Group plc has decided to start exercising the buy-back mandate which was received at the Annual General Meeting on 15 May 2018.

The authority received on 15 May 2018 was regarding the buy back of a maximum number of 23,012,620 GBP 0.000625 Ordinary Shares/SDR's in the Company.

Acquisitions can be made as of 16 May 2018 until next year's Annual General Meeting. However, no acquisitions will be made during a 30-day period prior to the publication of quarterly results.

Acquisitions of shares/SDRs may only take place on Nasdaq Stockholm at a price within the at each time prevailing price interval, being the interval between the highest buying price and the lowest selling price.

Notification of any purchases will continuously be made to the Nasdaq Stockholm.

The objective of the buyback is to achieve added value for the Company's shareholders and to give the Board increased flexibility with the Company's capital structure.

Following repurchase the intention of the Board is to either cancel, use as consideration for an acquisition or issue to employees under a Share Incentive programme.

Once repurchased under the Maltese Companies Act further shareholder approval will be required if the shares are to be cancelled.

If used in connection with an acquisition, the intention would be to issue the shares/SDR's as consideration, and not to sell them first.

The total number of issued shares/SDRs in Kindred Group is 230,126,200 of which 2,267,446 shares/SDRs are held by the Company as a result of share buy back programmes in 2007, 2011 and 2016.

Board of Directors

Kindred Group plc

This information is such that Kindred Group plc is required to disclose under the EU Directive of Market Abuse Regulation.

CONTACT:

For more information:

Inga Lundberg

Investor Relations

+44 788 799 6116

This information was brought to you by Cision http://news.cision.com

http://news.cision.com/kindred-group/r/kindred-group-announces-share-repurchase,c2522176

The following files are available for download:

http://mb.cision.com/Main/824/2522176/842497.pdf

PDF

Großer Dividenden-Report 2024 von Dr. Dennis Riedl
Der kostenlose Dividenden-Report zeigt ganz genau, wo Sie in diesem Jahr zuschlagen können. Das sind die Favoriten von Börsenprofi Dr. Dennis Riedl
Jetzt hier klicken
© 2018 PR Newswire
Werbehinweise: Die Billigung des Basisprospekts durch die BaFin ist nicht als ihre Befürwortung der angebotenen Wertpapiere zu verstehen. Wir empfehlen Interessenten und potenziellen Anlegern den Basisprospekt und die Endgültigen Bedingungen zu lesen, bevor sie eine Anlageentscheidung treffen, um sich möglichst umfassend zu informieren, insbesondere über die potenziellen Risiken und Chancen des Wertpapiers. Sie sind im Begriff, ein Produkt zu erwerben, das nicht einfach ist und schwer zu verstehen sein kann.