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Aug 30, 2018 21:00 JST

Source: HMS Networks AB

HMS Networks completes repurchase of shares

Halmstad, SWEDEN, Aug 30, 2018 - (ACN Newswire) - HMS Networks AB (publ) has on August 30, 2018 purchased 70,000 shares (ISIN SE0009997018) for a weighted average price of SEK 150.60. HMS Networks' holdings of own shares amounts to 292,825 after the repurchase. The total number of outstanding shares in the company is 46,818,868. The repurchase has been made on Nasdaq Stockholm.

For more information, please contact:
Staffan Dahlstrom, CEO HMS, +46 709-17 29 01
Joakim Nideborn, CFO HMS, +46 707-72 29 83

This information is such that HMS Networks AB (publ) is required to disclose pursuant to Nasdaq Stockholm's Rulebook for Issuers.

HMS Networks AB (publ) is the leading independent supplier of solutions for industrial communication. HMS develops and manufactures solutions for connecting automation devices and systems to industrial networks and IIoT under the Anybus(R), IXXAT(R) and eWON(R) brands. Communication solutions for building automation are offered through the subsidiary Intesis. Development and manufacturing take place at the headquarters in Halmstad, Ravensburg, Nivelles and Igualada. Local sales and support are handled by branch offices in Japan, China, Germany, USA, Italy, France, Belgium, Singapore, Spain, India, UK, Sweden, Finland and Denmark, as well as through an extensive network of distributors. HMS employs over 500 people and reported sales of 119 million EUR in 2017. HMS is listed on the NASDAQ OMX in Stockholm, category Mid Cap, Information Technology.

Attachment
PRM - HMS completes repurchase of shares (ENG) https://bit.ly/2LFxFeb

Source: HMS Networks AB


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