NOTE's Board of Directors withdraws dividend proposal
Due to the uncertainty caused by the global spread of the Corona virus, NOTE's Board of Directors has decided to withdraw the previously communicated proposal to the AGM 2020 of a dividend of SEK 1.20 per share. This decision is being taken to achieve and signal credibility, strength and flexibility in the more turbulent market environment the Board expects going forward. NOTE is endeavouring to continue gaining market share, which the Board considers will be even more natural in the current situation.
NOTE's financial position remains good, as previously communicated in a press release on 12 March. At the same time, the Board of Directors emphasises its ambition to invite shareholders to an Extraordinary General Meeting later this year to decide on dividends, if the market justifies this at that time.
For further information, please contact:
Johan Hagberg, Chairman of the Board, tel. 070-644 33 56
Johannes Lind-Widestam, President and CEO, tel. 070-541 72 22
About NOTE
NOTE is one of northern Europe's leading partners for electronics manufacturing. NOTE manufactures printed circuit boards (PCBA), sub-assemblies and complete products (box build). Its customer offering covers the whole product lifecycle, from design to after-sales. NOTE is established in Sweden, Finland, the UK, Estonia, Bulgaria and China. Sales in the last 12 months were SEK 3,687 million and the group has some 1,400 employees. NOTE is listed on Nasdaq Stockholm. For more information, please visit www.note.eu.
This information is information that NOTE AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of Johannes Lind-Widestam, at 18:30 CET on 4 July 2023.