Utilization of authorization in TradeDoubler AB to repurchase and transfer own shares
June 24 2013 - 1:31AM
The 2013 Annual General Meeting of Tradedoubler
resolved to authorize the Board of Directors to resolve on the
repurchase of the company's own shares in order to ensure delivery
of shares to participants in Tradedoubler's Performance Related
Share Programme 2013 for key employees. Tradedoubler hereby
announces that the Board of Directors has resolved to utilize the
authorization for this purpose.
The repurchase of shares may take place on NASDAQ
OMX Stockholm up until the next annual general meeting at a price
within the from time to time registered share price interval.
Repurchase of shares may not take place during a period of 30 days
prior to the release of a financial report, including the day of
the release. A maximum of 345,000 shares may be repurchased.
The Board of Directors has, for the same purpose,
further resolved to transfer the company's own shares to
participants in Tradedoubler's Performance Related Share Programme
2013. A maximum of 365,000 shares may be transferred up until 31
December 2016.
The total number of shares in TradeDoubler AB
amounts to 42,807,449. The company holds 130,000 own shares.
The information in this
announcement is required to be disclosed by TradeDoubler AB under
the Swedish Securities Markets Act (Sw. lagen om
värdepappersmarknaden). This information was
released for publication at 08.30 CEST on June 24 2013.
For further information,
please contact:
Jonas Ragnarsson, CFO
Telephone: +46-8-405 08 00
E-mail: ir@tradedoubler.com
About
Tradedoubler
Tradedoubler is an international leader in
performance-based digital marketing and technology. Founded in
Sweden in 1999, Tradedoubler pioneered affiliate marketing in
Europe and remains the most successful pan-European performance
marketing company, combining strategic international insight with
detailed in-country expertise. It helps 2,000 advertisers achieve
their business goals through its high quality network of 140,000
publishers and was the first to offer an integrated e- and
m-commerce offering to help advertisers extend their online
programmes to users on mobile devices.
Tradedoubler is committed to close collaboration
with each customer, helping them to generate revenue and succeed on
a national and international scale. Among Tradedoubler's
advertisers are American Express, ClubMed, Dell, Disney, Expedia
and CDON. The share is listed on Nasdaq OMX on the Stockholm
Exchange. More information can be found on www.tradedoubler.com
Repurchase and transfer own
shares
This
announcement is distributed by Thomson Reuters on behalf of Thomson
Reuters clients.
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the
information contained therein.
Source: TradeDoubler AB via Thomson Reuters ONE
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