LINKÖPING, Sweden--(BUSINESS WIRE)--Regulatory News:
Sectra AB (STO:SECTB)
As of October 31, 2014, the number of shares in Sectra AB (STO: SECT B) totals 37,271,017, of which 2,620,692 are Series A and 34,650,325 are Series B. This entails that in October the number of shares outstanding decreased by 37,271,017, of which 2,620,692 were Series A redemption shares and 34,650,325 Series B redemption shares.
The change was attributable to Sectra’s redemption program 2014 with mandatory redemption, which was resolved at Sectra’s Annual General Meeting on September 8, 2014. Through this redemption procedure, SEK 4.50 per share, totaling approximately SEK 167.7 million, were transferred to Sectra’s shareholders. More information about the redemption procedure is available on Sectra’s website, www.sectra.com/redemption2014.
The information in this press release is such that Sectra AB (publ) is obligated to disclose in compliance with the Swedish Securities and Clearing Operations Act. The information was submitted for publication on October 31, 2014, at 10:30 (CET).
About the Sectra Group Sectra was founded in 1978 and has its roots in Linköping University in Sweden. The company’s business operation includes cutting-edge products and services within the niche segments of medical IT and secure communication. Sectra has offices in 12 countries and operates through partners worldwide. Sales in the 2013/2014 fiscal year totaled SEK 853 million. The Sectra share is quoted on the NASDAQ OMX Stockholm exchange. For more information, visit www.sectra.com
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