Market announcement
Arco Vara AS
Category
Other price sensitive information
Date
07.08.2008 20:35:59
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 02.08.2008 - 07.08.2008 on toimunud järgmised aktsiate tagasiostu
tehingud:
Aktsia - ARC1T:
--------------------------------------------------------------------------------
| Kp. | Kogus | Hind, eur | Hind, eek | Kulu, eur | Kulu, eek |
--------------------------------------------------------------------------------
| 04.08.2008 | 0 | 0 | 0 | 0 | 0 |
--------------------------------------------------------------------------------
| 05.08.2008 | 0 | 0 | 0 | 0 | 0 |
--------------------------------------------------------------------------------
| 06.08.2008 | 0 | 0 | 0 | 0 | 0 |
--------------------------------------------------------------------------------
| 07.08.2008 | 21 476 | 0,54 | 8,50 | 11 668 | 182 563 |
--------------------------------------------------------------------------------
| ------------------------------------------------------------------------------
| Kokku perioodi | 21 476 | 0,54 | 8,50 | 11 668 | 182 563 |
| jooksul | | | | | |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Kokku | 450 000 | 0,57 | 8,87 | 254 563 | 3 983 038 |
| kumulatiivselt | | | | | |
| tagasiostuprogra | | | | | |
| mmi raames | | | | | |
--------------------------------------------------------------------------------
Aktsiate tagasiostuprogramm on lõppenud.
Kokku ostis Arco Vara AS tagasiostuprogrammi raames perioodil 10.07.2008 kuni
07.08.2008 450 000 oma aktsiat, mis moodustab kokku 0,47% aktsiakapitalist.
Aktsiate eest tasuti kokku 3 983 038 krooni (254 563 eurot). Aktsiate keskmiseks
tagasiostu hinnaks kujunes 8,87 krooni (0,57 eurot) aktsia kohta.
Aktsiate tagasiostuprogrammi teostati vastavalt Euroopa Komisjoni määrusele nr.
2273/2003, 22.12.2003, mis sätestab erandid kauplemisele oma aktsiatega
tagasiostuprogrammide raames. Aktsiate tagasiostu täideviijaks ja korraldajaks
oli Arco Vara nimetanud SEB Panga, kes eraldi kokkuleppe alusel teostas aktsiate
tagasiostu Arco Vara nimel. Programmi täideviimisel oli SEB Pank
kauplemisotsuste tegemisel iseseisev järgides kehtivaid tingimusi ning
piiranguid ilma, et Arco Vara sai 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 program 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 02.08.2008 - 07.08.2008 the following buyback transactions
have been made:
Share- ARC1T:
--------------------------------------------------------------------------------
| Date | Amount | Price, | Price, | Cost, | Cost, |
| | | euros | kroons | euros | kroons |
--------------------------------------------------------------------------------
| 04.08.2008 | 0 | 0 | 0 | 0 | 0 |
--------------------------------------------------------------------------------
| 05.08.2008 | 0 | 0 | 0 | 0 | 0 |
--------------------------------------------------------------------------------
| 06.08.2008 | 0 | 0 | 0 | 0 | 0 |
--------------------------------------------------------------------------------
| 07.08.2008 | 21 476 | 0,54 | 8,50 | 11 668 | 182 563 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Total for period | 21 476 | 0,54 | 8,50 | 11 668 | 182 563 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Accumulated | 450 000 | 0,57 | 8,87 | 254 563 | 3 983 038 |
| under buyback | | | | | |
| programme | | | | | |
--------------------------------------------------------------------------------
The share buyback program has ended.
During the program Arco Vara AS bought back total of 450 000 own shares, which
is 0,47% of the total share capital. The total contribution of the shares
amounted to 3 983 038 kroons (254 563 euros). The average share price paid was
8,87 kroons (0,57 euros) per share.
The share buyback program was 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 appointed SEB Bank as lead manager of the
program, who under a separate agreement with Arco Vara bought back shares on
behalf of Arco Vara. SEB Bank was independent on its trading decisions
irrespective of and without influence from Arco Vara as to the timing of the
purchases as well as carrying 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