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Beskrivning
| Land | Sverige |
|---|---|
| Lista | Mid Cap Stockholm |
| Sektor | Industri |
| Industri | Industriprodukter |
The Board of Directors of Alligo AB (publ) has through the authorization given by Annual General Meeting held on 24 May 2023, decided to repurchase its own Class B shares.
The aim of the repurchase is to enable financing of future acquisitions of companies or businesses with own shares and to adapt the Group's capital structure. The shares will be repurchased, on one or several occasions, continuously until the AGM 2024.
The shares will be repurchased on Nasdaq Stockholm according to the Nordic Main Market Rulebook for Issuers of Shares.
In accordance with the Board's decision, the share repurchases during the period may not include that the holdings of shares exceed ten percent of the total number of outstanding shares in treasury.
Repurchases may only take place at a price per share within the registered span of share prices on Nasdaq Stockholm (i.e. in the interval between the highest buying price and the lowest selling price). Payment for the shares shall be made in cash.
At the time of this press release, the total number of shares in the company was 50,906,189, of which 564,073 were Class A shares and 50,342,116 were Class B shares, of which, Alligo AB holds 425,300 own Class B shares.
Alligo has commissioned Handelsbanken to manage the share repurchasing program. All completed repurchases will be reported to Nasdaq Stockholm in accordance with applicable rules.
For further information, please contact:
Clein Ullenvik, CEO & President, or
Irene Wisenborn Bellander, CFO
Tel +46 8 712 00 00
ir@alligo.com
This information is information that Alligo AB (publ) is obliged to publish under the EU Market Abuse Regulation. The information was submitted for publication through the agency of the Chief Executive Officer on 15 Aug 2023 at 08:00 CEST.
About Alligo
Alligo is a leading player within workwear, personal protective equipment, tools, and consumables in the Nordic region. The Group has annual revenue of approximately SEK 9.5 billion and approximately 2,500 employees. Alligo AB (publ) has been listed on Nasdaq Stockholm since June 2017. Read more at www.alligo.com.
Alligo AB (publ)
Box 631, 135 26 Tyresö · Vindkraftsvägen 2, 135 70 Tyresö · Telephone +46 (0) 8- 727 27 20 · www.alligo.com