Announcement No.23/2010
Copenhagen, 27 October 2010
NASDAQ OMX Copenhagen A/S
Nikolaj Plads 6
DK - 1007 København K
Information on Q3 2010
Rella Holding A/S' Business
Rella Holding A/S' business is to hold B-shares in the media Group Carl Allers
Etablissement A/S (CAE).
As CAE only publishes financial information once a year through the Annual
Report at the end of January, Rella Holding A/S does not publish quarterly
reports, as such reports would only have very limited information value.
During Q3 2010, Rella Holding A/S purchased additional nominal value DKK
40,000 B-shares in Carl Allers Etablissement A/S at 8,000 corresponding to a
total cost of DKK 3.2m. Following this purchase, the holding amounts to nominal
value DKK 9,312,000 or 57.3% of CAE's outstanding shares when adjusted for
CAE's holding of treasury shares as at 30 September 2009. It should be noted
that the B-shares are non-voting.
Purchase of treasury shares
In conformity with authorizations given at the Company's latest two Annual
General Meetings, Rella Holding A/S purchased a total of 447,924 treasury
shares during the year's first three quarters, out of which 253,257 shares were
bought during Q3 2010. The average purchase price for the shares acquired
during Q3 2009 amounted to DKK 33.0 per share. The market price as at 30
September 2010 was DKK 33 per share.
The total holding of treasury shares as at 30 September 2010 amounted to
403,982 shares, cf. the table below:
Holding as at 1January 2010 255,968 shares
Purchased during 1st Half 2010 194,667 shares
Cancelled on17 August 2010 -300,000 shares
Purchased during Q3 2010 253,257 shares
Holding as at 30 September 2010 403,892 shares
Bank debt
As at 30 September 2010, Rella Holding A/S' bank debt amounted to DKK115.4m
including accrued interest. The current interest rate is 4.37 % p.a.
Rella Holding A/S' Current Accounting Year
For the full current accounting year 2010, Rella Holding A/S is still expecting
a net profit of appr. DKK 19m, cf. the Company's interim report for 1st half
2010.
Kind regards,
Rella Holding A/S
Contact: Jens Arnth-Jensen, CEO. Telephone.: 0045 45 42 45 17
For further information on Carl Allers Etablissement A/S and Rella Holding A/S,
please refer to the companies' respective websites, www.aller.dk og
www.rella.dk.
