Brief: Eastnine Sells One Million Treasury Shares And Receives SEK 115 Million.

Eastnine AB (publ)

18/11/2020 22:34

Nov 18 (Reuters) - Eastnine AB (publ)  EAST9.ST :
    * EASTNINE SELLS ONE MILLION TREASURY SHARES AND RECEIVES
SEK 115
MILLION. THE COMPANY'S HOLDING OF TREASURY SHARES DECREASES FROM
5.5 TO 1.0 PER CENT OF THE TOTAL NUMBER OF SHARES IN THE COMPANY
    * EASTNINE - BOARD HAS RESOLVED ON A SALE OF ONE MILLION
TREASURY
SHARES AT A PRICE OF SEK 115 PER SHARE
    * EASTNINE AB (PUBL) - BOTH EXISTING AND NEW SHAREHOLDERS
ACQUIRED
SHARES IN TRANSACTION
    * EASTNINE AB (PUBL) - INTENDS TO USE PROCEEDS TO CONTINUE
GROWING
BY COMPLETING REAL ESTATE ACQUISITIONS ON COMPANY'S CORE MARKETS
    * EASTNINE AB (PUBL) - AS A RESULT OF TRANSACTION, COMPANY'S
HOLDING OF TREASURY SHARES DECREASES FROM 1,221,200 TO 221,200

Source text for Eikon:  ID:nWkr1DTM1q 
Further company coverage:  EAST9.ST 

 ((Reuters.Briefs@thomsonreuters.com;))