TRANSFER OF TREASURY SHARES

TRANSFER OF TREASURY SHARES

ID: 52774

(Thomson Reuters ONE) -


SOLTEQ PLC   STOCK EXCHANGE RELEASE  24 March 2011


The Board of Directors of Solteq Plc decided on 28 February 2011 on a new
shareholding plan directed to the Solteq Group executives. The purpose of the
plan is to enable the executives considerable long-term shareholding in the
Company. As a part of the plan, the Board of Directors decided to transfer a
maximum of 400,000 treasury shares held by the Company in a share issue against
payment directed to Solteq Management Oy, a holding company acquired by the
executives.

Solteq Plc has today transferred a total of 400,000 treasury shares (STQ1V) in a
directed share issue decided by the Board of Directors on 28 February 2011, as a
part of the shareholding plan of the Solteq Group executives. The transfer value
of the shares is EUR 1.05 per share and EUR 420,000 in total.

The number of the Company's shares will remain unchanged as treasury shares held
by Solteq were transferred in the share issue.

Taking into account the above-specified transfer, the Company now holds a total
of 164,081 shares.

Tampere 24 March 2011

SOLTEQ PLC

For further information, please contact:
Repe Harmanen, CEO
Tel +358 400 467 717,
e-mail repe.harmanen(at)solteq.com

Distribution:
NASDAQ OMX Helsinki Ltd
Key media
www.solteq.com






This announcement is distributed by Thomson Reuters on behalf of
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(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.

Source: Solteq Oyj via Thomson Reuters ONE

[HUG#1499766]




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Bereitgestellt von Benutzer: hugin
Datum: 24.03.2011 - 14:36 Uhr
Sprache: Deutsch
News-ID 52774
Anzahl Zeichen: 2044

contact information:
Town:

Tampere



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Business News



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