Gothenburg, Sweden, 2013-09-25 08:00 CEST (GLOBE NEWSWIRE) --
The Board of Directors of Bilia AB publ (“Bilia”) has a mandate to dispose of the company’s own shares within the framework of the authorisation received at the Annual General Meeting on 3 May 2013. The authorisation is valid until the next Annual General Meeting.
When the decision was made on 24 September to exercise the AGM’s mandate and sell Bilia shares, the company had 456,493 own shares, of which 165 628 shares were sold thereafter. The total number of shares outstanding in Bilia is 25,129,298.
The purpose of the sale is to improve the liquidity in the Bilia share.
Shares amounting to no more than the number the company holds at any given time may be sold on one or more occasions before Bilia’s 2014 Annual General Meeting 2014.
Gothenburg, 25 September 2013
Bilia AB (publ)
For further information, please contact Per Avander, Managing Director and CEO, or Gunnar Blomkvist, CFO, Bilia AB, Tel. +46 31 709 55 00.