Brief: Seco/Warwick to buy up to 10 pct of own stake in Feb

Seco/Warwick SA

04/02/2015 07:19

Feb 4 (Reuters) - Seco/Warwick SA  SWG.WA : 
     
    * Said on Tuesday that it will repurchase up to 10 pct stake 
or 1,073,783 of its own shares for 25 zloty ($7) each 
    * It will accept share buyback offers betwen Feb 4 and Feb. 
10   
    * Currently it does not own any of its shares 
    * It signed 41,250,000 zlotys investment credit agreement 
with mBank SA to buy up to 1,500,000 of its own shares by Dec. 
31, 2015, as per the company's EGM (extraordinary general 
meeting) held on Oct. 30, 2014 
    * The loan is to be paid back by Jan. 31, 2020 
     
  
 Source text for Eikon:  ID:nEM0365532  and  ID:nEM0365534  
     
 Further company coverage:  SWG.WA   
    
 
($1 = 3.6318 zlotys) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;)) 
 
Keywords: SECO/WARWICK/BRIEF