Market announcement
Arco Vara AS
Category
Other price sensitive information
Date
18.07.2008 18:41:33
Title
Aktsiate tagasiostu tehingud
Message
09.07.2008.a. otsustas Arco Vara AS-i juhatus kasutada üldkoosoleku poolt antud õigust ning käivitada aktsiate tagasiostuprogramm. Tagasi ostetakse maksimaalselt 4,0 miljoni Eesti krooni (0,26 miljoni euro) väärtuses aktsiaid, kuid mitte rohkem kui 450 000 aktsiat. Tagasiostu periood algas 10.07.2008. a. ning lõpeb 05.09.2008. a. Perioodil 10.07.2008 - 18.07.2008 on toimunud järgmised aktsiate tagasiostu tehingud: Aktsia - ARC1T: -------------------------------------------------------------------------------- | Kp. | Kogus | Hind, eur | Hind, eek | Kulu, eur | Kulu, eek | -------------------------------------------------------------------------------- | 10.07.2008 | 10 000 | 0,63 | 9,86 | 6 300 | 98 574 | -------------------------------------------------------------------------------- | 11.07.2008 | 7 500 | 0,62 | 9,70 | 4 650 | 72 757 | -------------------------------------------------------------------------------- | 14.07.2008 | 7 024 | 0,61 | 9,54 | 4 285 | 67 040 | -------------------------------------------------------------------------------- | 15.07.2008 | 10 000 | 0,61 | 9,54 | 6 100 | 95 444 | -------------------------------------------------------------------------------- | 16.07.2008 | 20 000 | 0,60 | 9,31 | 11 900 | 186 195 | -------------------------------------------------------------------------------- | 17.07.2008 | 0 | 0,00 | 0,00 | 0 | 0 | -------------------------------------------------------------------------------- | 18.07.2008 | 22 000 | 0,58 | 9,06 | 12 740 | 199 338 | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | Kokku perioodi | 76 524 | 0,60 | 9,40 | 45 975 | 719 347 | | jooksul | | | | | | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | Kokku | 76 524 | 0,60 | 9,40 | 45 975 | 719 347 | | kumulatiivselt | | | | | | | tagasiostuprogra | | | | | | | mmi raames | | | | | | -------------------------------------------------------------------------------- Pärast nimetatud tehinguid omab Arco Vara AS 76 524 oma aktsiat, mis moodustab kokku 0,08% aktsiakapitalist. Tagasiostuprogrammi raames jääb tagasi osta veel maksimaalselt 3,28 miljoni krooni (0,21 miljoni euro) väärtuses aktsiaid, kuid mitte rohkem kui 373 476 aktsiat. Aktsiate tagasiostuprogrammi teostatakse vastavalt Euroopa Komisjoni määrusele nr. 2273/2003, 22.12.2003, mis sätestab erandid kauplemisele oma aktsiatega tagasiostuprogrammide raames. Aktsiate tagasiostu täideviijaks ja korraldajaks on Arco Vara nimetanud SEB Pank, kes eraldi kokkuleppe alusel teostab aktsiate tagasiostu Arco Vara nimel. Programmi täideviimisel on SEB Pank kauplemisotsuste tegemisel iseseisev järgides kehtivaid tingimusi ning piiranguid ilma, et Arco Vara saaks mõjutada aktsiate ostuaega. Arco Vara on Baltimaade juhtiv kinnisvaraettevõte, mis laieneb Ida-Euroopa turgudel, opereerides juba Ukrainas, Bulgaarias ja Rumeenias. Ettevõtte põhitegevuseks on kinnisvaraarendus, mida toetavad enda kinnisvarabüroo ja ehitusäri. Firmal on esindused 29 linnas ning grupis töötab üle 600 inimese. Arco Vara 2007. aasta konsolideeritud auditeeritud käive moodustas 727 mln krooni (46 mln eurot), puhaskasum enne vähemusosalusi 235 mln krooni (15 mln eurot) ja bilansimaht 3 564 mln krooni (228 mln eurot). Arco Vara aktsiad on noteeritud Tallinna Börsil. 1 EUR=15,6466 EEK Heigo Metsoja IRO +372 6144 654 heigo.metsoja@arcovara.ee http://www.arcorealestate.com
Title
Share buyback transactions
Message
Acting under the granted authorization by the Shareholders General Meeting the Management Board of Arco Vara AS decided on 09.07.2008 to initiate share buyback program. Under the programme the aggregate consideration will be 4.0 mln kroons (0.26 mln euros) and maximum of 450 000 shares may be acquired. The period started on 10.07.2008 and ends on 05.09.2008. During the period 10.07.2008-18.07.2008 the following buyback transactions have been made: Share- ARC1T: -------------------------------------------------------------------------------- | Date | Amount | Price, | Price, | Cost, | Cost, | | | | euros | kroons | euros | kroons | -------------------------------------------------------------------------------- | 10.07.2008 | 10 000 | 0,63 | 9,86 | 6 300 | 98 574 | -------------------------------------------------------------------------------- | 11.07.2008 | 7 500 | 0,62 | 9,70 | 4 650 | 72 757 | -------------------------------------------------------------------------------- | 14.07.2008 | 7 024 | 0,61 | 9,54 | 4 285 | 67 040 | -------------------------------------------------------------------------------- | 15.07.2008 | 10 000 | 0,61 | 9,54 | 6 100 | 95 444 | -------------------------------------------------------------------------------- | 16.07.2008 | 20 000 | 0,60 | 9,31 | 11 900 | 186 195 | -------------------------------------------------------------------------------- | 17.07.2008 | 0 | 0,00 | 0,00 | 0 | 0 | -------------------------------------------------------------------------------- | 18.07.2008 | 22 000 | 0,58 | 9,06 | 12 740 | 199 338 | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | Total for period | 76 524 | 0,60 | 9,40 | 45 975 | 719 347 | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | Accumulated | 76 524 | 0,60 | 9,40 | 45 975 | 719 347 | | under buyback | | | | | | | programme | | | | | | -------------------------------------------------------------------------------- After these transactions Arco Vara owns 76 524 own shares, which is 0,08% of share capital. Under the program up to 3.28 mln kroons (0.21 mln euros) remains to be used or up to 373 476 shares remain to be bought back. The share buyback program is being implemented in accordance with the provisions of the European Commission's regulation no. 2273/2003 of December 2003, which protects listed companies against violation of insider legislation in connection with share buybacks. Arco Vara has appointed SEB Bank as lead manager of the program, who under a separate agreement with Arco Vara will buy back shares on behalf of Arco Vara. SEB Bank will be independent on its trading decisions irrespective of and without influence from Arco Vara as to the timing of the purchases as well as carry out the buyback according to the regulations and within the set framework of the programme. Arco Vara is a leading real estate developer in the Baltic's, undergoing a SEE expansion with presence established already in Ukraine, Bulgaria and Romania. Core business is real estate development supported by brokerage and construction arm. The company has offices in 29 cities and employs over 600 people. According to 2007 audited consolidated results net sales was 727 mln kroons (46 mln euros), net profit before minorities 235 mln kroons (15 mln euros) and assets 3 564 mln kroons (228 mln euros). Arco Vara is listed on Tallinn Stock Exchange. 1 EUR=15,6466 EEK Heigo Metsoja IRO +372 6144 654 heigo.metsoja@arcovara.ee http://www.arcorealestate.com