Key Developments: Wise Group AB (WISE.ST)

WISE.ST on Stockholm Stock Exchange

21 Oct 2014
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Latest Key Developments (Source: Significant Developments)

Wise Group AB proposes FY 2013 dividend of 0.03 Swedish crown per share
Friday, 21 Feb 2014 02:35am EST 

Wise Group AB:Says its board of directors proposes a dividend of maximum of 4.5 mln Swedish crowns equivalent to 0.03 Swedish crown per share for fiscal year 2013.Says the record date for the dividend is May 27.FY 2012 dividend amounted to 14.8 million Swedish crowns, equivalent to 0.10 Swedish crown per share.  Full Article

Wise Group AB's Subsidiary Wins in Case between Edge HR AB and HR Manager AS
Friday, 25 Oct 2013 10:41am EDT 

Wise Group AB announced that the Norwegian Supreme Court has decided that the judgment in the case between Edge HR AB, a subsidiary of Wise Group AB (publ), and HR Manager AS will not be addressed at the Supreme Court and thus cannot be appealed. The ruling means that HR Manager AS has to pay Edge HR AB SEK 3.1 million, court expenses of SEK 0.8 million and charges of SEK 0.6 plus interest.  Full Article

HR Manager AS Appeals Verdict in Favor of Wise Group AB
Tuesday, 27 Aug 2013 05:10am EDT 

Wise Group AB announced that the ratified verdict of Oslo Borgarting lagmannsrett from June 10, 2013 has on August 26, 2013 been appealed by the counterparty HR Manager AS to Hoyestaretten in Oslo. The dispute concerns a contract interpretation after expiry of partnership agreement for distribution rights of a system for recruitment in the Swedish market. The ruling means that the HR Manager AS is to pay SEK 3.1 million and costs of SEK 0.8 million for Edge HR AB.  Full Article

Hogia Selects Wise Group AB's Wise Professionals as Provider of Recruitment Services
Wednesday, 3 Jul 2013 08:16am EDT 

Wise Group AB announced that Hogia, a Swedish company engaged in the provision of business support systems within Finance, Payroll, HR and Logistics, has selected Wise Group's Wise Professionals for provision of recruitment services. The agreement has been signed for one year with a year-extension option. Financial details were not disclosed.  Full Article

Wise Group AB's Subsidiary Wins in Oslo Borgarting Lagmannsrett-SIX
Tuesday, 11 Jun 2013 07:12am EDT 

SIX reported that Oslo Borgarting Lagmannsrett ratified the judgment in a case between Wise Group AB's subsidiary, Edge HR, and HR Manager. The judgment entitles HR Manager to pay SEK 3.1 million plus legal costs of SEK 0.8 million. The judgment enters into force on July 12, 2013 if none of the parties submits an appeal.  Full Article

Wise Group AB Proposes FY 2012 Dividend
Friday, 22 Feb 2013 02:47am EST 

Wise Group AB announced that the Board of Directors of the Company proposes to the Annual General Meeting that a dividend of SEK 0.10 per share be paid for the fiscal year 2012. For the fiscal year 2011, the Company paid a dividend of SEK 0.08 per share.  Full Article

UPDATE 1-Constellium to buy Wise Metals in U.S. auto push

* Deal to support its expansion in automotive aluminium (Adds detail, background)

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