Peab continues to repurchase its own shares ( , 07:30 am)

Transcription

1 Peab continues to repurchase its own shares ( , 07:30 am) On the 15 th of May, 2008 the Annual General Meeting authorised the board of Peab to repurchase, before the next Annual General Meeting, at the most the number of shares in so that the company will have a maximum holding of 17,400,000 shares when purchasing is completed. Based on this authorisation Peab s board decided the 16 th of May, 2008 to purchase a maximum of 2,000,000 B shares. After this decision 1,681,800 B-shares have been acquired. Today Peab s board has decided, based on the authorisation of the AGM, that after the repurchasing quota set out on 16 May has been met another 2,000,000 B shares will be repurchased. The shares will be acquired on the OMX Nordic Exchange in Stockholm at the trading rate valid on the date of purchase. Peab s current shareholding is 8,380,000 B shares, which corresponds to 4.80 percent of the number of registered shares which is 174,601,113. The purpose of the repurchase is in part to regulate the company s capital structure, in part to finance acquisitions and such like or, according to the decision of the AGM, to keep the number of shares unchanged if and when convertible debentures issued in December 2007 are converted. Jesper Göransson, Deputy CEO Peab This information is such that is obliged to publish in accordance with Swedish law regarding the information was submitted for publication at 8:00 a.m. on 26 August

2 Declaration in (publ.) ( , 08:00 am) On 29 August, purchased own B-shares. Peab s holding of own shares thereafter amounts to B-shares, equivalent to 5,03 percent of the share capital and 2,50 percent of the votes. Total number of registered shares amounts to The purpose of the repurchase is in part to regulate the company s capital structure, in part to finance acquisitions and such like or, according to the decision of the AGM, to keep the number of shares unchanged if and when convertible debentures issued in December 2007 are converted. Jesper Göransson, Deputy CEO Peab This information is such that is obliged to publish in accordance with Swedish law regarding the information was submitted for publication at 8:00 a.m. on 1 September

3 Peab builds apartments in Partille ( , 11:00 am) Peab has been commissioned to build 110 apartments in Partille, on the outskirts of Gothenburg. Peab received the order from the municipal company Partillebo and the value of the contract is SEK 170 million. The project also includes a garage for parking under the apartment building, which will be built close to the shopping mall Allum in central Partille. Construction has begun and is expected to be completed in the spring of Henrik Axelsson, Project Manager, Peab This information is such that is obliged to publish in accordance with Swedish law regarding the information was submitted for publication at 11:00 a.m. on 16 September

4 Peab extends the university college in Karlskrona ( , 11:00 am) Peab has been commissioned to carry out the extension of the university college in Karlskrona, Blekinge. Peab received the order from Kruthusen Företagsfastigheter AB, and the value of the contract is SEK 172 million. The building will be square metres and the work has already begun. The new university college building is expected to be in use in May Tomas Aronsson, project manager Peab This information is such that is obliged to publish in accordance with Swedish law regarding the information was submitted for publication at 11:00 a.m. on 18 September

5 New decision concerning repurchase of own shares in Peab ( , 08:30 am) On May 15, 2008 the Annual General Meeting authorised the Board of Peab to repurchase, before the next Annual General Meeting, at the most the number of shares in so that the company will have a maximum holding of 17,400,000 shares when purchasing is completed. Peab s Board decided on August , based on the AGM authorisation, to repurchase a maximum of 2,000,000 B shares. Following this decision 1,718,800 B-shares have been repurchased. Based on the AGM authorisation Peab s Board has today decided to acquire, at the most, an additional 6,701,800 B shares, when all the shares in the repurchase decision of August 26 have been acquired. The shares will be acquired on the OMX Nordic Exchange in Stockholm at the trading rate valid on the date of purchase. Peab s current shareholding is 10,417,000 B shares, which corresponds to 5.95 percent of the number of registered shares. The total number of outstanding shares in Peab is 174,601,113. The purpose of the repurchase is in part to regulate the company s capital structure, in part to finance acquisitions and such like or, according to the decision of the Annual General Meeting, to keep the number of shares unchanged if and when convertible debentures issued in December 2007 are converted. Jesper Göransson, Deputy MD Peab This information is such that is obliged to publish in accordance with Swedish law regarding the information was submitted for publication at 08:30 a.m. on 13 October

6 Peab stops issue of convertibles 2008/2012 ( , 08:40 am) Peab s Annual General Meeting on 15 May 2008 approved the Board s proposal to issue and transfer 2,000,000 convertibles on 1 December 2008 (Peab convertibles 2008/2012) to new employees in Peab. According to the decision by the AMG the rate and interest of the convertibles would be based on market terms in the autumn of 2008, and the offer was to be made to employees in November In light of the current financial turbulence, the changed conditions on the market since the AMG decision, and the likely assumption that the offer to new employees is no longer in the interest of the shareholders, the Board has decided to stop the program to issue, and to new employees transfer, Peab convertibles 2008/2012. Peab s Board intends to bring up the matter of convertibles to new employees once again at the next Annual General Meeting. Mats Leifland, Deputy MD Peab This information is such that is obliged to publish in accordance with Swedish law regarding the information was submitted for publication at 08:40 a.m. on 13 October

7 Peab rebuilds a mall in Örebro ( , 11:00 am) Peab s subsidiary Nybyggarna I Nerike, NBA, has been commissioned to carry through the rebuilding of the Träffpunkt mall in central Örebro. The customer is Alecta pensionsförsäkring, ömsesidigt Aberdeen Property Investors Nordic AB and the contract amounts to SEK 130 million. The trade area will increase by 50 per cent, through an existing parking deck will be rebuilt. It is a partnering contract where work has begun and it is estimated to be ready during the autumn Jonny Åkerström, project manager NBA This information is such that is obliged to publish in accordance with Swedish law regarding the information was submitted for publication at 11:00 a.m. on 23 October