Peab postpones extra distribution of Real Estate Company and considers proposal for ordinary dividend
Peab’s Board has today decided to delay the extra distribution of all the shares in the newly formed Real Estate Company holding Peab’s wholly owned, fully developed commercial properties and therefore the proposal will not be presented to the Annual General Meeting in May for adoption. In addition, the Board will use the time until the summons to the Annual General Meeting to consider the proposal for the ordinary dividend.As a result of the spread of the Coronavirus and its effects on external circumstances and financial markets Peab’s Board has decided to withdraw the proposal to the