KLOV B Klovern AB Class B

The board of Klövern adjusts the dividend proposal for the 2019 financial year

The board of Klövern adjusts the dividend proposal for the 2019 financial year

Due to the uncertainty about the development of the economy that the coronavirus entails, the board of directors of Klövern has decided to adjust the dividend proposal to the following: The Board of Directors proposes to the Annual General Meeting, for the 2019 financial year, a dividend of in total SEK 0.26 (0.46) per ordinary share to be paid in two instalments of SEK 0.13 and a dividend of SEK 20.00 (20.00) per preference share to be paid in four instalments of SEK 5.00. The proposed record dates for dividend on ordinary shares are 30 December 2020 and 31 March 2021. The proposed record dates for dividend on preference shares are 30 June 2020, 30 September 2020, 30 December 2020 and 31 March 2021.

The previous proposal, which was communicated in the year-end report 2019 which was published on 12 February 2020, was the following: The Board of Directors proposes to the Annual General Meeting, for the 2019 financial year, a dividend of in total SEK 0.50 (0.46) per ordinary share to be paid in four instalments of SEK 0.12, SEK 0.12, SEK 0.13 and SEK 0.13 and a dividend of SEK 20.00 (20.00) per preference share to be paid in four instalments of SEK 5.00. The proposed record dates for dividend on ordinary and preference shares are 30 June 2020, 30 September 2020, 30 December 2020 and 31 March 2021.

Klövern AB (publ)



For additional information, please contact:

Rutger Arnhult, CEO, +46 (0)70-458 24 70, 

Lars Norrby, IR, +46 (0)76-777 38 00, 

Klövern is a real estate company committed to working closely with customers to offer them attractive premises in growth regions. Klövern is listed on Nasdaq Stockholm. For further information, see  

Klövern AB (publ), Bredgränd 4, 111 30 Stockholm. Phone: +46 (0)10-482 70 00. E-mail: .

This information is information that Klövern AB (publ) is obliged to publish under the EU Market Abuse Regulation. The information was made available for publication, through the abovementioned contact persons, at 16:00 CET on 26 March 2020.

This is a translation of the original Swedish language press release. In the event of discrepancies, the original Swedish wording shall prevail.

Attachment

EN
26/03/2020

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