NORTHM North Media A/S

North Media to pay dividend of DKK 4 per share

North Media to pay dividend of DKK 4 per share

Announcement no. 20-2020

19 August 2020



North Media continues to face an increased level of uncertainty from developments in and the consequences of the COVID-19 situation. However, the uncertainty is believed to be less severe now than it was on 18 March 2020 when it was decided as per announcement 12-2020 to suspend the recommendation for the payment of an ordinary dividend for the 2019 financial year.

As a result, the Board of Directors resolved today to pay out the dividend of DKK 4.00 per share originally proposed. The total dividend to be distributed amounts to DKK 80.2 million, for a pay-out of DKK 71.8 million exclusive of the holding of treasury shares.

The distribution is made as an extraordinary dividend on the basis of an interim balance sheet dated 30 June 2020 with an unqualified review report and no emphasis of matter by PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.

The distribution is consistent with the objective of paying a constant, attractive cash dividend to the shareholders supplemented by occasional share buybacks.

The last day of trading in the company’s shares cum dividend will be 20 August 2020. The dividend will be paid out on 25 August 2020.



For further information, please contact: Kåre Stausø Wigh, Group Executive Director & CFO, mobile

This document is an unofficial translation of the Danish original. In the event of any inconsistencies, the Danish version shall apply.

EN
19/08/2020

Underlying

NORTHMNorth Media A/S

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on North Media A/S

 PRESS RELEASE
Free
NORTHM NORTH MEDIA A/S

Bestyrelsesformanden for North Media A/S skifter rolle

Bestyrelsesformanden for North Media A/S skifter rolle Selskabsmeddelelse nr. 9-20254. juni 2025 Bestyrelsesformand Ole Borch har i dag med selskabets hovedaktionær, Baunegård ApS, aftalt, at han fratræder som formand for North Media i løbet af andet halvår 2025. Det vil ske i forbindelse med, at Ole Borch til den tid indtræder som formand i en ny fond, som skal stiftes og som på sigt er udset til at overtage den aktiemajoritet i North Media, der ejes af selskabet Baunegård ApS, som ejes af Richard Bunck. Der henvises til selskabsmeddelelse nr. 2-2021, som North Media udsendte 10. februa...

June 4, 2025 1 EN
 PRESS RELEASE
Free
NORTHM NORTH MEDIA A/S

Chairman of the Board of North Media A/S to Change Role

Chairman of the Board of North Media A/S to Change Role Announcement No. 9-20254 June 2025 Chairman of the Board of Directors Ole Borch has today, in agreement with the company’s major shareholder, Baunegård ApS, decided to step down as Chairman of North Media during the second half of 2025. This change will take place in connection with Ole Borch at that time taking on the role as Chairman of a new foundation, to be established and expected, in the long term, to take over the majority shareholding in North Media currently owned by Baunegård ApS, which in turn is owned by Richard Bunck. ...

June 4, 2025 1 EN
ABGSC Media Research ... (+2)
  • ABGSC Media Research
  • Mikkel Kousgaard Rasmussen
06/01/25 June 1, 2025 1 EN
 PRESS RELEASE
Free
NORTHM NORTH MEDIA A/S

North Media agter at anke Sø- og Handelsrettens afgørelse om FK Distri...

North Media agter at anke Sø- og Handelsrettens afgørelse om FK Distributions koblingssalg i 2018-2019 Investornyhed  26. maj 2025 Sø- og Handelsretten har i dag stadfæstet Konkurrencerådets og Konkurrenceankenævnets afgørelse om, at North Medias datterselskab FK Distribution i 2018-2019 misbrugte sin dominerende position ved at anvende vilkår om at sammenkoble salg af fysisk og digital distribution af tilbudsaviser i sine kundekontrakter i den pågældende periode. North Medias koncern CEO Lasse Ingemann Brodt siger:”Vi har noteret os Sø- og Handelsrettens afgørelse og bemærker, at der har...

May 26, 2025 1 EN
 PRESS RELEASE
Free
NORTHM NORTH MEDIA A/S

North Media intends to appeal the Danish Maritime and Commercial High ...

North Media intends to appeal the Danish Maritime and Commercial High Court ruling regarding FK Distribution tying sales conditions in 2018-2019 Investor news 26 May 2025 Today, the Danish Maritime and Commercial High Court has upheld the rulings of the Competition and Consumer Authority and Competition Appeals Board, that North Media’s subsidiary FK Distribution in 2018-2019 abused its dominant position by applying tying conditions for physical and digital distribution of leaflets in contracts with customers. North Media Group CEO Lasse Ingemann Brodt says:"We have taken note of the Mari...

May 26, 2025 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch