2019-02-14

Fenix Outdoor International AG announcement by press release dated 2019-02-07 that the board decided that the company, on one or more occasions (including through block deals), should repurchase up to 700 000 own B-shares during the current calendar year.

1. The repurchase will be carried out on Nasdaq Stockholm at a price per share within the price interval registered at any given time, which means the interval between the highest bid price and lowest selling price.
2. The company currently owns 6 700 Fenix Outdoor International AG B-shares and the decision limit, as informed, of 700 000 B-shares are to be added to that amount. The total number of repurchased shares can thus amount to a maximum of 706 700 B-shares.
3. Through the repurchase of own shares, the company wishes to optimize its capital structure. The company currently holds a significant net cash.
4. Current holding of own shares are presented in the company’s forthcoming quarterly reports.
5. Completed acquisitions of own shares will be carried out, published and notified in accordance with applicable laws and regulations and Nasdaq Stockholm’s Rules for issuers.

Contact person Martin Nordin, Executive Chairman
+41 797 99 27 58