Threshold exceeded for major shareholding notification due to buyback of own shares

LHFI

Trelleborg AB hereby announces, in accordance with Chapter 4, Section 18 of the Financial Instruments Trading Act (1991:980), that the company on December 14, 2022, acquired 15,290 own shares of series B, entailing that the company’s holding of own shares exceeded the threshold of 5 percent of all shares in the company. At the time of this press release, the company’s total holding of own shares amounted to 13,559,211 shares of series B, corresponding to 5.002 percent of the total number of shares and 2.57 percent of the total number of votes in the company.

The share buybacks form part of the buyback program of a maximum of 25,272,178 shares of series B for a total maximum amount of SEK 5,000 million, which Trelleborg announced on April 27, 2022. The buyback program, which runs between April 28, 2022, to the day prior to the 2023 Annual General Meeting is being carried out in accordance with the Market Abuse Regulation (EU) No 596/2014 (“MAR”) and the Commission Delegated Regulation (EU) No 2016/1052 (the “Safe Harbour Regulation”). The objective of the share buybacks is to adapt the company’s capital structure and thereby contribute to increased shareholder value. The Board of Director’s intent is that the repurchased shares will later be canceled by resolutions at upcoming annual general meetings.

The total number of shares in Trelleborg at the time of this press release amounts to 271,071,783, of which 28,500,000 are shares of series A and 242,571,783 are shares of series B.

Datum 2022-12-15, kl 08:00
Källa MFN
Hej Serverägare! Har du problem med troll och spam? Nu finns möjligheten att sätta en liten avgift, t.ex. 20kr, på discord invites och därmed stoppa många återkommande troll samtidigt som du tjänar lite pengar. Kolla in Invite Paywall.