Adapteo withdraws dividend proposal and decides on a dual listing
Adapteo Plc Press release 27 March 2020 at 3:15 p.m. CET Adapteo Plc’s Board of Directors has decided to propose to the Annual General Meeting 2020 that no dividend will be paid in 2020. The Board of Directors has also decided on a dual listing of Adapteo’s shares at Nasdaq Helsinki with the intention that this is effective in the second half of 2020. Adapteo is a well-capitalised company with a solid cash position. A strong financial position is important for Adapteo to demonstrate long-term financial stability to customers, since an average rental agreement lasts for five years.