East Capital Explorer AB - Report of repurchase of own shares in East Capital Explorer
| Source:East Capital Explorer AB
East Capital Explorer AB hereby reports that the Company, in accordance with the
decision of the Board regarding the utilization of the authorization to
repurchase own shares as announced on 7 August 2012, has repurchased 99,223
shares between 3 and 7 September 2012 at an average price of SEK 49.56 per
Since the initial repurchases began on 8 August 2012, East Capital Explorer has
repurchased a total of 347,211 shares, corresponding to 1.0% of the outstanding
shares, at an average price of SEK 49.07 per share.
Shares can be purchased up to and including 10 October 2012, observing blackout
periods in accordance to applicable rules. Execution of the resolution to
repurchase shares is dependent upon market terms, applicable rules and
regulations and the Company's capital position at any point in time.
Before 7 August 2012, the Company did not hold any own shares. The total number
of outstanding shares in East Capital Explorer, including the ones held by the
Company, amount to 33,709,706.
Mia Jurke, CEO East Capital Explorer +46 8 505 885 32
Charlotte Åsberg, Investor Relations Manager +46 8 505 885 94
Financial reporting calendar - East Capital Explorer:
* Monthly Net Asset Value report on the fifth working day after the end of
* Interim Report 1 January - 30 September 2012, 9 November 2012
* Capital Markets Day, 9 November 2012
* Year-end Report 2012, 14 February 2013
About East Capital Explorer - East Capital Explorer AB (publ) is a Swedish
company, created with the specific aim of bringing unique investment
opportunities in Eastern Europe to a broader investor base. The company invests
mainly in East Capital's special fund products but it also makes in direct
investments into private and public companies. East Capital Explorer targets
fast growing sectors such as Power Utilities, Financials, Retail and Consumer
Goods and Real Estate. East Capital Explorer has appointed East Capital to
manage its investment activities. East Capital Explorer is listed on NASDAQ OMX
Nordic Stockholm, Mid Cap.
This information is disclosed in accordance with the Securities Markets Act, the
Financial Instruments Trading Act and demands made in the exchange rules. It was
released for publication at 07:00 a.m. CET on 10 September 2012.
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