Proposal dividend and share split
Proposal dividend and share split Scandic's dividend policy is that at least 30 per cent of the company's profit after tax shall be distributed to shareholders. The Board of Directors will propose to the Annual General Meeting of shareholders that a dividend of SEK 4.50 (2.50) per share be paid to shareholders in respect of the 1998 financial year. The total dividend corresponds to approximately 46 per cent of the profit after tax. The Board also proposes a 3 for 1 share split. For further information, please contact: Roland Nilsson, President & CEO, @ +46 (0)8 517 352 00 Fredrik Sandelin,