The Board of Directors of Aspo Plc has decided to acquire a maximum of 300,000 of the Company's own shares through public trading on the Helsinki Stock Exchange at publicly quoted market price at the time of acquisition. The repurchases will commence on May 18, 2005, at the earliest.
The shares will be acquired in accordance with the authorization given to the Board at the Annual Shareholders' Meeting on March 31, 2005. The shares will be acquired for use as payment when the company is acquiring operationally-related assets, in any company acquisitions and other corporate arrangements, capital restructuring programs or otherwise for disposal in the manner and to the extent determined by the Board. The Board may also bring proposals before the shareholders concerning the invalidation of repurchased shares. The shares will be acquired at the current market price at the point of the acquisition. The authorization will be effective until March 31, 2006.
ASPO Plc
Gustav Nyberg
CEO
For further information:
Gustav Nyberg, Aspo Plc, +358 9 7595 256, + 358 40 503 6420
gustav.nyberg@aspo.fi