Volati Board recommends that no dividend be paid to preference and ordinary shareholders
In connection with the notice of the Annual General Meeting on 25 June 2020, the Board of Directors recommends that the Meeting refrain from adopting a dividend for preference shares or ordinary shares. The adjustment of the preference share dividend compared with the Company’s year-end report for 2019 is based on uncertainty regarding interpretation of the rules on government support for short-time work. The Board does not therefore consider it appropriate at this stage to decide on and implement dividends. Volati reported significantly improved earnings for Q1 2020. EBITA amounted