Vostok Nafta Investment Ltd
Vostok Nafta recieves renewed buy-back mandate
Vostok Nafta Investment Ltd 14.05.2014 07:59 Dissemination of a Adhoc News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Stockholm, 2014-05-14 07:59 CEST (GLOBE NEWSWIRE) -- Vostok Nafta Investment Ltd's ('Vostok Nafta' or 'the Company') Board of Directors has resolved to mandate the management of Vostok Nafta to repurchase Swedish Depository Receipts (SDRs) of the Company. The renewed mandate from the Board of Directors is valid until the next AGM of Vostok Nafta and stipulates that a maximum of an additional 10 percent of the SDRs that are outstanding at the time of the resolution can be bought back. Each share of Vostok Nafta is represented by one SDR. The SDRs will be purchased, on one or several occasions, on NASDAQ OMX Stockholm at a price within the registered share price interval on each occasion. SDRs will be bought back when the management deems appropriate, observing blackout periods before reports and all other applicable rules. As of May 13, 2014, there were 74,840,789 SDRs of Vostok Nafta outstanding. For further information please contact: Björn von Sivers, Investor Relations: +46 (0)8-545 015 50 News Source: NASDAQ OMX 14.05.2014 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Vostok Nafta Investment Ltd Sweden Phone: Fax: E-mail: Internet: ISIN: SE0002056721 WKN: End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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