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BRIEF-EQT Issues 8.7 Mln Shares, Says Will Buy Back Them All

Nov 14(Reuters) - EQT AB:

* SAID ON WEDNESDAY RESOLVED TO ISSUE 8,663,490 CLASS C SHARES AND IMMEDIATELY THEREAFTER REPURCHASE ALL OF THE ISSUED SHARES

* ALL ISSUED CLASS C SHARES WILL THEREAFTER BE REPURCHASED FROM SEB AT THE SAME PRICE

* THE PURPOSE OF THE ISSUE AND THE REPURCHASE IS TO ENSURE DELIVERY OF SHARES TO EMPLOYEES WITHIN EQT UNDER THE EQT SHARE PROGRAM ADOPTED BY THE AGM

* THE CLASS C SHARES ENTITLE TO DIVIDENDS AND EACH SHARE ENTITLES TO 1/10 VOTING RIGHT

Source text for Eikon:

Further company coverage: (Gdansk Newsroom)

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