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Home › Media › Releases 2005 › CapMan Plc to repurchase own shares

Stock exchange release - 13 April 2005

CapMan Plc to repurchase own shares

CapMan Plc’s Annual General Meeting held on 31 March 2005 authorised the Board of Directors to repurchase a maximum of 3,500,000 of the company’s own B shares. On the basis of this authorisation CapMan Plc's Board of Directors has decided to commence repurchasing shares at the earliest on 11 May 2005. The repurchasing of shares will continue until 31 March 2006.

The B shares will be acquired in the public trading on the Helsinki Exchanges at the publicly quoted market price at the time of purchase, as provided by the regulations on public trading of shares. The shares may be purchased in order to finance the company’s acquisition of assets related to the business of the company, to develop the company’s equity structure, to improve share liquidity, to be conveyed onwards or to be invalidated. The repurchasing of the B shares will reduce the amount of funds available for dividend distribution.

For further information:
Olli Liitola, CFO, tel. +358 9 6155 8306

CAPMAN PLC

Jerome Bouix
Director, Fundraising and IR

DISTRIBUTION
Helsinki Exchanges
Principal media

CapMan Group
CapMan is one of the leading private equity investors in the Nordic countries and specialises in middle market buyouts in various industry sectors, technology investments in the IT and communications sectors and investments in life science companies. The CapMan team comprises around 80 people in Helsinki, Stockholm, Copenhagen and Oslo. CapMan manages/advises Nordic funds with approx. EUR 1.4 billion in total capital. To date, the funds managed/advised by CapMan have invested in 150 companies in the Nordic countries and exited from 73 companies. The latest investments are made in Norwegian Cardinal AS, Finnish Metso Drives Ltd, Swedish SciBase AB and Danish Anhydro Group. CapMan Plc is listed on the Main List of the Helsinki Stock Exchange.

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