In a first tranche, REH purchased from Alpiq 71,257 REH shares at the price of CHF 1,100 per share. The purchase took place on 8 January 2013, making around CHF 78 million for Alpiq.
In a second step, REH is now exercising part of its option to buy 20,000 of the remaining 48,737 REH shares. This reduces Alpiq's stake in REH to less than 3%.
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