STOCKHOLM--(BUSINESS WIRE)--Regulatory News:
Based on the authorization granted by the Annual General Meeting of May 17, 2016 the Board of Directors of Attendo AB (publ) (“Attendo”) (STO:ATT) has resolved to repurchase the company’s own shares under a buy-back programme to a value not exceeding SEK 20 million. The repurchase is intended to ensure that Attendo meets its undertakings to deliver shares and pay social security contributions in accordance with Attendo’s share savings programme Attendo+.
The repurchase will be conducted in accordance with the Regulation (EU) No 596/2014 of the European Parliament and of the Council, and the Commission Delegated Regulation (EU) 2016/1052 (together the “EU Regulations”) and will be administered by SEB, which will take trading decisions independently of Attendo with regard to the timing of the repurchases.
The buy-back programme will be subject to the following conditions. The purchases will be made on Nasdaq Stockholm in accordance with its Rule Book for Issuers and in accordance with the EU Regulations. The repurchases will be made on one or several occasions but no later than the Annual General Meeting 2017 and at a price per share within the price spread registered from time to time. In addition, the limitations with regard to price under Regulation (EU) 2016/1052 shall be observed. A maximum of 200,000 shares at a total value not exceeding SEK 20m may be repurchased. Payment for the shares will be made in cash.
Reporting will take place through the stock exchange in accordance with applicable rules. The transactions will also be made public and published on Attendo’s website at www.attendo.com.
Repurchases may not result in Attendo’s holding of own shares at any time exceeding 10 percent of the total number of shares in the company. At the time of this press release the total number of registered shares in the company amounts to 160,000,000 and at the time of this press release Attendo does not hold any own shares.
Attendo AB (publ)
This information is such that Attendo AB (publ) is required to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, on 23 September 2016 at 08.00 CET.
Attendo - the leading care and healthcare company in the Nordics
Attendo is the leading private provider of publicly financed care and healthcare services in the Nordic region. The company was founded in 1985 and was first to provide outsourced care for older people in Sweden. In addition to care for older people, Attendo provides care for people with disabilities, individuals and families, and, in Finland, healthcare and dental care. Attendo has 19 000 employees and is locally anchored with over 500 operations in more than 200 municipalities in Sweden, Finland, Norway and Denmark. www.attendo.com
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