The Board of Directors of SOPHARMA AD (the “Company”) hereby informs that from 25 October 2012 up to and including 31 October 2012 the Company bought 162303 own shares representing 0.123% of the share capital of the Company, to the total value of BGN 382683.79 on the Bulgarian Stock Exchange. The average price per share was BGN 2.36.
The shares have been bought on the basis of the general meeting resolution No. 7 of 23.06.2010.
The intention of the Company is to use the repurchased shares in the future for the purpose of providing them to shareholders of companies targeted in mergers.
The total number of own shares after these transactions is 3371778, representing 2.55% of the share capital of the Company.