Brief: Tethys Oil AB Now Proposes An Extraordinary Distribution Of Sek 3.00 Per Share By Way Of A Mandatory Share Redemption
06/04/2020 19:31
April 6 (Reuters) - Tethys Oil AB TETY.ST :
* NOW PROPOSES AN EXTRAORDINARY DISTRIBUTION OF SEK 3.00 PER
SHARE
BY WAY OF A MANDATORY SHARE REDEMPTION
* BOARD OF DIRECTORS WILL ALSO PROPOSE TO AGM TO CANCEL ALL
3,238,352 TREASURY SHARES HELD BY COMPANY
* BOARD OF DIRECTORS WILL ALSO PROPOSE TO AGM TO CANCEL ALL
3.24
MILLION TREASURY SHARES HELD BY COMPANY
* BOARD WILL ALSO REQUEST FROM AGM A RENEWED MANDATE TO
REPURCHASE
UP TO 10 PERCENT OF ISSUED SHARES
Source text for Eikon: ID:nWkr2Jt2DP
Further company coverage: TETY.ST
((Reuters.Briefs@thomsonreuters.com;))
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