EASTNINE AB
East Capital Explorer AB hereby reports that the Company, in accordance with the
decision of the Board regarding the utilization of the authorization to
repurchase own shares as announced on 20 August 2015, has repurchased 149,129
shares between 21 August and 30 September 2015, at an average price of SEK
52.58 per share.
Shares can be purchased up to and including 6 October 2015, observing blackout
periods in accordance with applicable rules. Execution of the resolution to
repurchase shares is dependent upon market terms, applicable rules and
regulations and the Company's capital position at any point in time.
Prior to 21 August 2015, the Company held 166,100 own shares. The total number
of outstanding shares in East Capital Explorer, including shares held by the
Company, amounts to 28,476,792. The Board intends to propose to the 2016 AGM, or
sooner, that the share capital in the company be reduced by cancelling the
repurchased shares.
Contact information
Mia Jurke, CEO, East Capital Explorer, +46 8 505 885 32
Lena Krauss, CFO and Head of Investor Relations, East Capital Explorer,
+46 73 988 44 66
Financial reporting calendar
* Interim Report, Q3 2015 - 5 Nov 2015
* Year-end report 2015 - 11 Feb 2016
About East Capital Explorer
East Capital Explorer AB (publ) is a Swedish investment company, created with
the specific aim of bringing unique investment opportunities in Eastern Europe
to a broader investor base. The company makes direct investments into private
and public companies but investments are also made through East Capital's
private equity, real estate and alternative investment funds. East Capital
Explorer's main investment theme is domestic growth and the Company targets fast
growing sectors such as Retail and Consumer goods, Financials and Real Estate.
East Capital Explorer has appointed East Capital to manage its investment
activities. East Capital Explorer is listed on Nasdaq Stockholm, Mid Cap.
Listing: Nasdaq Stockholm, Mid Cap - Ticker: ECEX - ISIN: SE0002158568 -
Reuters: ECEX.ST - Bloomberg: ECEX SS Equity
This information is disclosed in accordance with the Securities Markets Act, the
Financial Instruments Trading Act and demands made in the exchange rules. It was
released for publication at 08:00 a.m. CET on 1 October 2015.
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
decision of the Board regarding the utilization of the authorization to
repurchase own shares as announced on 20 August 2015, has repurchased 149,129
shares between 21 August and 30 September 2015, at an average price of SEK
52.58 per share.
Shares can be purchased up to and including 6 October 2015, observing blackout
periods in accordance with applicable rules. Execution of the resolution to
repurchase shares is dependent upon market terms, applicable rules and
regulations and the Company's capital position at any point in time.
Prior to 21 August 2015, the Company held 166,100 own shares. The total number
of outstanding shares in East Capital Explorer, including shares held by the
Company, amounts to 28,476,792. The Board intends to propose to the 2016 AGM, or
sooner, that the share capital in the company be reduced by cancelling the
repurchased shares.
Contact information
Mia Jurke, CEO, East Capital Explorer, +46 8 505 885 32
Lena Krauss, CFO and Head of Investor Relations, East Capital Explorer,
+46 73 988 44 66
Financial reporting calendar
* Interim Report, Q3 2015 - 5 Nov 2015
* Year-end report 2015 - 11 Feb 2016
About East Capital Explorer
East Capital Explorer AB (publ) is a Swedish investment company, created with
the specific aim of bringing unique investment opportunities in Eastern Europe
to a broader investor base. The company makes direct investments into private
and public companies but investments are also made through East Capital's
private equity, real estate and alternative investment funds. East Capital
Explorer's main investment theme is domestic growth and the Company targets fast
growing sectors such as Retail and Consumer goods, Financials and Real Estate.
East Capital Explorer has appointed East Capital to manage its investment
activities. East Capital Explorer is listed on Nasdaq Stockholm, Mid Cap.
Listing: Nasdaq Stockholm, Mid Cap - Ticker: ECEX - ISIN: SE0002158568 -
Reuters: ECEX.ST - Bloomberg: ECEX SS Equity
This information is disclosed in accordance with the Securities Markets Act, the
Financial Instruments Trading Act and demands made in the exchange rules. It was
released for publication at 08:00 a.m. CET on 1 October 2015.
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
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