The Board of Directors of Arise AB proposes dividend to the Annual General Meeting

The Board of Directors of Arise AB is proposing a dividend of SEK 1 per share, corresponding to approximately SEK 44.5 million, and will shortly convene the Annual General Meeting for a resolution on this. The Annual General Meeting will be held on Thursday 4 May 2023. 

“The Board of Directors of Arise has decided to propose a dividend. Through continuous positive earnings from energy sales and project sales as well as good financial strength, the Board proposes a dividend of SEK 1 per share to the upcoming Annual General Meeting. Even after the dividend, we are financially strong and will be able to continue to invest in the business and thus further strengthen our position. The Board of Directors’ ambition is that the company shows long-term profitability that allows annual dividends”, says Chairman of the Board Joachim Gahm.

The record date for participation at the Annual General Meeting on Thursday 4 May 2023 is Tuesday 25 April 2023, and the last day for voting rights registration of shares is Thursday 27 April 2023.

If the Annual General Meeting resolves on a dividend in accordance with the Board’s proposal, the first day of trading without dividend rights will be Friday 5 May 2023. The proposed record date for dividend is Monday 8 May 2023. Assuming that the Meeting approves the Board’s proposal, the dividend is expected to be paid by Euroclear Sweden AB on Thursday 11 May 2023.

Halmstad, 8 March 2023

Arise AB (publ)
 

For further information, please contact:
Joachim Gahm, Chairman of the Board of Directors, Arise AB, +46 708 752 755

This information is information that Arise AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, on 8 March 2023 at 18.30 CET.

About Arise

Arise is  a leading independent company that realises new green energy. The company develops, builds, sells and manages renewable electricity production. The company is listed on Nasdaq Stockholm.

Arise AB (publ), P.O. Box 808, SE-301 18 Halmstad, Sweden, telephone 46 (0)10 450 71 00, corporate id .no. 556274-6726. E-mail info@arise.se, www.arise.se