September 25, 2018 / 6:22 AM / 20 days ago

BRIEF-Novaturas Shareholders To Vote On Dividend Proposals

Sept 25 (Reuters) - NOVATURAS AB:

* SAID ON MONDAY THAT IT HAS SUFFICIENT AMOUNT OF CASH TO PAY DIVIDENDS OF EUR 0.77 PER SHARE, AS PROPOSED BY THE BOARD

* ALSO SAID IT BECAME AWARE OF POTENTIAL DIFFICULTIES OF ONE OF ITS SUPPLIER’S AND SO THE BOARD PROPOSED AN ALTERNATIVE DRAFT DECISION

* THE DRAFT PROPOSES TO ALLOCATE DIVIDENDS FOR H1 ENDED ON 30 JUNE 2018 IN THE AMOUNT OF EUR 0.52 PER SHARE

* SAID THE BOARD CONFIRMED ITS INTENTION TO RECOMMEND TO PAY OUT THE REMAINING PART OF THE DIVIDENDS (EUR 0.25 PER SHARE) ONCE THE SITUATION WITH THE COMPANY’S SUPPLIER CLARIFIES

* SHAREHOLDERS TO VOTE ON THE PROPOSALS ON SEPT 28

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Further company coverage: (Gdynia Newsroom)

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