Solar A/S Executive Board Industrivej Vest 43 DK - 6600 Vejen Denmark
Tel. + 45 79 30 00 00
www.solar.eu
CVR no. 15 90 84 16
Share buy-back in Solar A/S
11 January 2016
On 23 November 2015, Solar launched a share buy-back programme which will end by 30 June 2016. The share buy-back is limited to DKK 70 million. The programme is structured by the "Safe Harbour" provisions in EU's regulation no. 2273/2003 of 22 December 2003.
Since the publication of announcement no. 19 2015 on 23 November 2015, the following transactions have been made under the share buy-back programme:
Following the above transactions, Solar holds a total of 126,809 Solar B shares of nominally DKK 100, corresponding to 1.60% of share capital and 0.79% of votes.
Buy-back of DKK 43,653,354 remains under the programme. Yours faithfully
Solar A/S
Anders Wilhjelm
Facts about Solar
Solar Group is a leading European sourcing and services company, operating primarily within the electrical, heating and plumbing, and ventilation technology sectors. Our core business centres on product sourcing, value-adding services and optimisation of our customers' businesses.
Being a sourcing and services company, we focus on each individual customer.
We always strive to understand our customers' unique and genuine needs in order to provide relevant, personal and value-adding services, turning our customers into winners.
Solar Group is headquartered in Denmark, generated revenue of approximately DKK 10.3bn in 2014 and has some 3,000 employees. Solar has been listed on Nasdaq Copenhagen since 1953, and operates under the short designation SOLAR B.
For more information, please visit www.solar.eu.
Disclaimer
This announcement was published in Danish and English today via Nasdaq Copenhagen. In the event of any inconsistency between the two versions, the Danish version shall prevail.
Solar A/S issued this content on 2016-01-11 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-11 08:22:13 UTC
Original Document: http://www.solar.eu/~/media/files/www,-d-,solar,-d-,eu/menu/investor/financial+news/financial+news+solar+as/2016/fb201602+share-buy+back+pdf.ashx
Solar A/S is a Denmark-based company engaged in the distribution of electrical, heating, plumbing and ventilation components. The Companyâs sales are divided into industry segment and contractor segment. The Company offers, among others, lightning, boilers and radiators, water heaters, heat pumps, switches and socket outlets, detection and push buttons, fans and air handling units, solar heating units, fire alarm systems, contactors, and cables for building, marine and offshore, and telecommunications industries. The products are distributed through a network of centrally located branches, drive-ins supporting the central warehouses and through an online channel. Apart from this, it sells accessories for consumer electronics through Aurora Group A/S. Solar A/S operates a number of subsidiaries in Denmark, Faroe Islands, Sweden, Norway, the Netherlands, Belgium, Poland and Austria. It operates, among others, through MAG45, an integrated supply company.