Innofactor Plc starts acquisition of own shares

28.08.2012 00:00

Innofactor Plc Stock Exchange Release August 28, 2012, at 8:30 Finnish time

At its meeting on August 27, 2012, the Board of Directors of Innofactor Plc decided to start the acquisition of its own shares. A maximum of 1,500,000 shares will be acquired equaling approximately 4.97 % of the total amount of the company’s shares. The decision is based on the authorization given to the Board by the Extraordinary General Meeting on August 27, 2012 to acquire a maximum of 3,000,000 shares. The acquisition of own shares will start at the earliest on September 4, 2012 and will end on December 31, 2013 at the latest.

The shares may be used to develop the capital structure, to widen the ownership base, in making a payment for an acquisition, or when the company buys property related to its business operations or as part of the incentive compensation plan, or to be otherwise invalidated or conveyed.

The shares will be acquired by using company’s unrestricted equity shares at the prevailing market price on the NASDAQ OMX Helsinki Ltd in public trading in accordance with the NASDAQ OMX Helsinki Ltd and Euroclear's regulations and guidelines for acquisition of own shares.

INNOFACTOR PLC

Board of Directors

Further information:

Sami Ensio, CEO
Innofactor Plc
Tel. +358 50 584 2029

Distribution:

NASDAQ OMX Helsinki
Main media
www.innofactor.com