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Imarex buys back shares

[First published: Friday 03 March 2006 2:41:54 pm]

 

International Maritime Exchange ASA has in the period 17-22 February acquired 58,500 of its own shares.

 

The shares have been bought in accordance with the authorisation given by the company`s  Extraordinary General Meeting on 1 November 2005  to acquire up to 700,200 shares (10 %) at a price  between NOK 1 and 100 per share.  The
authorisation is valid until the ordinary general  meeting in 2006.

 

The intention is to use the shares in connection with incentive schemes for employees, acquisitions or to cancel the shares through a capital reduction.

 

For additional information please contact:

 

  • Tom Even Mortensen, CEO, Tel +47 23894222
  • Arild Jęger, CFO, Tel +47 23894211
     

 

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