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Nilörngruppen AB: withdraws dividend proposal and reschedules the interim report for the first quarter

Written by Customer Service on . Posted in Public Companies.

The Board of Directors of Nilörngruppen has decided to withdraw the previously communicated proposal to the Annual General Meeting for a dividend of SEK 2.50/share (MSEK 28.5). The decision has been made in light of the prevailing very uncertain world environment, because of the outbreak of COVID-19 and its effects on the outside world and markets, and the risk of impact on Nilörngruppen’s operations and earnings.
The Board of Directors has also decided to reschedule publication of the quarterly report (Q1) and will publish it on Tuesday 7 April at 8:00 a.m. Rescheduling the report will allow management to prioritize business-critical activities, while at the same time providing current financial information to the shareholders.The Annual General Meeting is expected to be held ass previously announce on 14 May at 5:00 p.m. at Nilörngruppen’s head office in Borås. No food will be served this year due to COVID-19 and if attendance exceeds ten shareholders the meeting will be held outdoors (subject to any changes in authority decisions).The Annual Report will be available on the Company’s website no later than three weeks before the meeting.Borås, 6 April 2020Nilörngruppen AB
Krister Magnusson, CEOFor further information, contact
CEO: Krister Magnusson                                  
Mobile: +46-704 852 114                                    
E-mail: krister.magnusson@nilorn.comThis information is information that Nilörngruppen is under obligation to publish in accordance with the EU Market Abuse Regulation. The information herein was provided by the contact person named above for publication at 8:00 a.m., 6 April 2020.AttachmentNilörn withdraws dividend and reschedules Q1 report

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