Rottneros proposes an extra dividend to shareholders

The Board of Rottneros has decided to convene an extraordinary general meeting with a proposal to decide on an extra dividend to shareholders of SEK 0.40 per share, a total of around SEK 61 million.

Notice of the extraordinary general meeting, scheduled to be held in December 2015, will be published in accordance with the Companies Act.

The Group has built up a high equity ratio and favourable liquidity situation after prolonged positive profit and cash flow development. The Board believes that the Group's very strong financial position provides space for an extra dividend without affecting the Group's capacity to implement the planned expansion and continued investments. After the most recent decision on dividends at the annual general meeting 2015 there is approximately SEK 261.8 million remaining of the allocated funds.

 

For further information, please contact: Per Lundeen, CEO Rottneros AB (publ) +46 70 518 33 47

 

Rottneros discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The Information was submitted for publication on 13th of November 2015 at 08:30 a.m. CET.

About Us

Rottneros is an independent producer of market pulp. The Group comprises the parent company Rottneros AB, listed on NASDAQ Stockholm, and its subsidiaries Rottneros Bruk AB and Vallviks Bruk AB with operations involving the production and sale of market pulp. The Group also includes Rottneros Packaging AB, which manufactures fibre trays, and the wood procurement company Rottneros Baltic SIA in Latvia. The Group has just over 280 employees and had a turnover of approximately SEK 1.7 billion in the 2016 financial year.