Extraordinary general meeting 22 March 2017

Press Release

Stockholm, 22 March 2017

An extraordinary general meeting in Ferronordic Machines AB (publ) took place on 22 March 2017 at Hovslagargatan 5B, Stockholm.

I accordance with the Board ’s proposal, the meeting resolved on a dividend on the company’s preference shares in an amount of SEK 55 per preference share, corresponding to a total dividend of SEK 27,500,000. The record date for the dividend will be 25 April 2017. The payment will be made on 28 April 2017 through Euroclear Sweden AB. No dividend shall be paid with regard to ordinary shares.

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About Ferronordic Machines  

Ferronordic Machines is the authorized dealer of Volvo Construction Equipment and Terex Trucks in Russia. It is also the official distributor of Dressta and Rottne in Russia. Ferronordic Machines has also been appointed aftermarket dealer for Volvo and Renault Trucks as well as dealer for Volvo Penta in certain parts of Russia. The company began its operations in 2010 and has expanded rapidly across Russia. The company is well established in all federal districts with approximately 70 outlets and almost 800 employees. The vision of Ferronordic Machines is to be regarded as the leading service- and sales company in the CIS markets. The preference shares of Ferronordic Machines are listed on NASDAQ OMX First North Premier. The company has appointed Avanza Bank AB as its Certified Advisor.

www.ferronordic.com  

For more information, please contact:

Anders Blomqvist, CFO and Head of IR, Tel: +46 8 5090 7280 or anders.blomqvist @ferronordic.ru  

This information is information that Ferronordic Machines AB (publ) is obliged to disclose pursuant to the EU Market Abuse Regulation. The information was submitted for publication on 2 2 March 2017, 11:00 CET.

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Contacts

  • Ferronordic Machines AB
    Hovslagargatan 5B, SE-111 48 Stockholm, Sweden
    +46 8 50907280
    http://ferronordic.ru/
  • Ferronordic Machines LLC
    Business Center Country Park Ferronordic Machines LLC Panfilova str., 19, bld.4 Khimki Moscow region Russia 141407
    +7 495 663 9237

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