The Board of Directors in Handicare Group AB postpones the dividend proposal for 2019
The rapid spread of the coronavirus Covid-19 has caused an exceptional situation for people, communities and businesses. As previously communicated, Handicare is taking several measures to adapt its operations to the currently assessed consequences of the Covid-19 pandemic. Handicare has a strong financial position and liquidity.
Considering the prevailing conditions around the world and the uncertainty about future economic effects related to Covid-19, the Board of Directors has decided to withdraw the previously communicated proposal to the Annual General Meeting of 0.07 EUR dividend per share. The Board has the ambition to convene an Extraordinary General Meeting in the second half of 2020 to decide on the dividend. The final assessment of the dividend will be taken when the effects of the current Covid-19 pandemic are better understood.
For more information, contact:
Staffan Ternström, CEO, Tel: +46 725 490 029
Pernilla Lindén, CFO & IR, Tel: +46 708 775 832
This information is information that Handicare Group AB (publ) is required to disclose pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 21:30 CET on 1 April 2020.