Rejlers propose reduced share dividend
The Board of Directors of Rejlers AB (publ) has decided to reduce previous dividend proposal and instead propose that the Annual General Meeting on April 22 decides on a dividend of SEK 1.50 (1.00) per share, which corresponds to 36 percent of earnings per share after dilution, instead of previously proposal of SEK 2.25 per share. The dividend amounts to MSEK 29.5 (18.1).
Rejlers has a solid balance sheet and solid cash balance, however, in the view of increased uncertainty due to the Covid-19 pandemic the board believes that it is justified to propose a reduced dividend proposal.
As earlier communicated, the Nomination Committee for Rejlers AB (publ) has also decided to withdraw the proposal for the Annual General Meeting 2020 on raising the Board fees and has instead proposed that the Board fees remains unchanged compared to 2019. All other proposals from The Nomination Committee' to the Annual General Meeting remain unchanged.
For further information, please contact:
Peter Rejler, Chairman of the Board, +46 (0)70 602 34 24, email@example.com
Anna Jennehov, CFO, +46 (0)73 074 06 70, firstname.lastname@example.org
Malin Sparf Rydberg, Director of Communications, +46 (0)70 477 17 00, email@example.com
This information is information that Rejlers AB (publ) 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, at 14.00 CET on 17 April 2020.
Rejlers is one of the leading engineering consultancy firms in the Nordic region. With our vision “Home of the learning minds” as a beacon, we create a platform for continuous learning, development and growth. Increased learning that creates added value for both customers and employees. We have nearly 2400 dedicated experts with cutting-edge expertise in technology areas such as energy, industry, infrastructure, real estate and telecom. We are close to our customers and are represented in Sweden, Finland, Norway and the United Arab Emirates. In 2019, the company had a turnover of 2.6 billion SEK and its class B share is listed on Nasdaq Stockholm.