REC ASA - Purchase of own shares
(Thomson Reuters ONE) - Sandvika, November 9, 2009; REC has, as part of the employee sharepurchase program approved by the Annual General Meeting May 19, 2009,purchased 274,540 own shares at an average price of NOK 34.91 pershare. The shares will be allocated to the employees under theemployee share purchase program.Under the share purchase program for employees, four primary insidersin REC purchased in total 3,436 shares at a price of NOK 27.94 pershare after the discount offered to the employees.Primary insider Ole Enger, President and CEO purchased 1,002 shares.After this transaction Mr. Enger and related parties hold 3,716shares and 138,962 share options in the company.Primary insider Rolf Birger Nilsen, employee representative on theBoard of Directors, purchased 1,002 shares. After this transactionMr. Nilsen and related parties hold 1,681 shares in the company.Primary insider Silje Johnsen, alternate employee representative onthe Board of Directors, purchased 1,002 shares. After thistransaction Ms. Johnsen and related parties hold 1,002 shares in thecompany.Primary insider Lena Beate Lorentzen, alternate employeerepresentative on the Board of Directors, purchased 430 shares. Afterthis transaction Ms. Lorentzen and related parties hold 721 shares inthe company.For more information, please contact:Jon André Løkke, SVP and Investor Relations Officer, Tel: +47 90744 949About RECREC is the leading vertically integrated player in the solar energyindustry. REC Silicon and REC Wafer are among the world's largestproducers of polysilicon and wafers for solar applications. REC Solaris a rapidly growing manufacturer of solar cells and modules, and arealso engaging in project development activities in selected segmentsof the PV market. REC had revenues of NOK 8 191 million and anoperating profit of NOK 2 529 million in 2008. More than 3 000employees work in REC's worldwide organization. Please also seewww.recgroup.com.This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 10.11.2009 - 07:00 Uhr
Sprache: Deutsch
News-ID 8137
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