HMS Networks Board of Directors has resolved to repurchase shares.
(Thomson Reuters ONE) -
Based on the authorization granted by the Annual General Meeting on April
28, 2016, the Board of Directors of HMS Networks AB (publ) ("HMS") has resolved
to repurchase shares in the company to a maximum value of 10.4 MSEK. The purpose
of the repurchase is to secure the Company's obligation in relation to HMS long
term Share Saving Program.
The repurchase will be carried out in accordance with the Regulation (EU) No
596/2014 of the European Parliament and the Commission Delegated Regulation (EU)
2016/1052 and will be managed by SEB deciding on trading decisions, independent
of HMS, regarding the timing of the repurchase
The repurchases are subject to the following terms. Acquisitions of shares shall
be conducted on NASDAQ, Stockholm in accordance with its Rule Book for Issuers
and in accordance with the EU regulations. The acquisitions will be performed on
one or more occasions during the period until the 2017 Annual General Meeting,
to a price within the registered range for the share price prevailing at the
time, and in accordance with the Regulation (EU) 2016/1052 as regards to price.
A maximum of 26 000 shares may be acquired to a total value of maximum 10.4
MSEK. Payment for the shares shall be made in cash.
Reporting will be made to NASDAQ, Stockholm in accordance with applicable rules.
The transactions will also be made public and published on HMS website www.hms-
networks.com.
Repurchase of shares may not result in a HMS holding of own shares, at any time,
exceeding 10 % of the total number of shares in the Company. At the time of this
press release, the total number of shares in the Company amounts to 11 704 717
and at this time the total number of shares held by HMS amounts to 2 883 own
shares.
For more information, please contact:
Staffan Dahlström, CEO HMS, +46 709-17 29 01
Gunnar Högberg, CFO HMS, +46 709-17 29 95
This information is such that HMS Networks AB (publ) is required to disclose in
accordance with the EU Market Abuse Regulation, the Swedish Financial
Instruments Trading Act and the Swedish Securities Market Act. The information
was submitted for publication at 01.30 pm CET on March 8, 2017.
HMS Networks AB (publ) is a market-leading supplier of products for industrial
communication including remote management. HMS develops and manufactures
solutions for connecting automation devices and systems to industrial networks
under the Anybus, IXXAT, eWON and Intesis brands. Development and manufacturing
take place at the headquarters in Halmstad, Sweden, Nivelles, Belgium, Igualada,
Spain and in Ravensburg, Germany. Local sales and support are handled by sales
offices in China, France, Germany, Switzerland, India, Italy, Japan, UK, Spain
and USA. HMS employs approximately 500 people and reported sales of SEK 952 m in
2016. HMS is listed on the NASDAQ OMX Nordic Exchange in Stockholm in the
category Mid Cap, Information Technology.
Press release (PDF):
http://hugin.info/138433/R/2085999/786981.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: HMS Networks AB via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 08.03.2017 - 13:30 Uhr
Sprache: Deutsch
News-ID 529013
Anzahl Zeichen: 3705
contact information:
Town:
Halmstad
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 165 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"HMS Networks Board of Directors has resolved to repurchase shares."
steht unter der journalistisch-redaktionellen Verantwortung von
HMS Networks AB (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
