11.05.2016 08:21:00
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Utilization of transfer authorization in Investor AB to secure costs for the Company’s long-term variable remuneration programs
Regulatory News:
Investor AB: (STO:INVEA)(STO:INVEB)(LSE:INU)
The Annual General Meeting 2016 decided to authorize the Company’s Board to decide on the transfer of the Company’s own shares in order to secure commitments and costs for Investor’s long-term variable remuneration program and for the issue of synthetic shares as part of the Board remuneration. Investor hereby announces that the Company’s Board has decided to utilize the authorization for these purposes.
The transfer of own shares may take place on NASDAQ Stockholm during the period from May 11, 2016 up to and including December 2, 2016 at a price within the from time to time registered price interval.
Investor currently owns 3,699,473 of its own B-shares and the maximum number of shares that may be transferred amounts to 1,500,000 B-shares.
Our press releases can be accessed at www.investorab.com Investor, founded by the Wallenberg family a hundred years ago, is the leading owner of high quality Nordic-based international companies. Through board participation, our industrial experience, network and financial strength, we strive to make our companies best-in-class. Our holdings include, among others, Atlas Copco, SEB, ABB, Ericsson and Mölnlycke Health Care.
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View source version on businesswire.com: http://www.businesswire.com/news/home/20160510007103/en/
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