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2014-05-07

Concentric AB: Concentric AB acquires own shares

Under the authorisation from the annual general meeting 2014, the
board of Concentric AB (publ) has decided to buy back own shares on
NASDAQ OMX Stockholm.

The repurchase is made on the purposes determined by the annual
general meeting, i.e in order to increase the flexibility for the
board in connection to potential future corporate acquisitions, as
well as to be able to improve the company's capital structure and to
cover costs for the company's incentive programs LTI 2012, LTI 2013
and LTI 2014, including any possible cash settled alternatives, and
enable delivery of shares in accordance with LTI 2012, LTI 2013 and
LTI 2014.

Any acquisition of shares will take place before the annual general
meeting 2015. Own shares may be acquired to the extent the company's
holdings of own shares in total amounts to no more than one tenth of
all shares in the company. The company currently has 44,215,970
shares outstanding out of which the company at the time of this press
release holds 259,295 own shares. Acquisitions will be made within
the so called spread, meaning within the interval between the highest
purchase price and the lowest sales price. The acquisitions will be
managed by an investment firm or financial institution which makes
its trading decisions in relation to the company's shares
independently of and without influence from the company.

For further information, please contact Lena Olofsdotter, Corporate
Communications. Telephone number +46 708 326 854.

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http://news.cision.com/concentric-ab/r/concentric-ab-acquires-own-shares...
http://mb.cision.com/Main/1643/9580782/241674.pdf

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