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Cavotec SA has resolved to repurchase own shares.

12:05 / 10 May 2016 Cavotec Press release

Cavotec SA has resolved to repurchase own shares.

The Board of Directors of Cavotec SA has resolved, pursuant to the Swiss Code
of Obligations and the applicable rules for issuers on Nasdaq Stockholm to
repurchase own shares. Acquisition of shares may only take place at a price
within the price interval, on any occasion, recorded on Nasdaq Stockholm, which
refers to the interval between the highest buying price and the lowest selling

As of the date of this press release, Cavotec holds 12,022 own shares and the
number of issued shares in the company is 78,536,000. In the event of a fully
executed share repurchase program, Cavotec will hold no more than 162,022 own

Share repurchases shall be executed prior to 3 July 2016, and are subject to
market conditions and regulations at any given time. Share repurchases shall be
made either over Nasdaq Stockholm or directly through single shareholders and
the share repurchases are subject to the limitations of Articles 659 and
following of the Swiss Code of Obligations. 

The purpose of the share repurchases is to acquire Cavotec shares that can be
used in order to deliver shares to the participants in the Long Term Inventive
Plan 2013 (“LTIP 2013”) and Long Term Inventive Plan 2014 (“LTIP 2014”) if the
participants request delivery in shares. Share repurchases are considered by
the Board of Directors to be the most efficient option in order for Cavotec to
acquire the required number of shares for delivery under LTIP 2013 and LTIP


Media & investor contact:

Michael Scheepers

Chief Communications Officer or +41 795 024 010

The information in this release is subject to the disclosure requirements of
Cavotec SA under the Swedish Securities Market Act and/or the Swedish Financial
Instruments Trading Act. This information was publicly communicated on 10 May
2016, 12:05 CEST.

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