Brief: Bilia Withdraws Proposal For Ordinary Dividend For 2019
14/05/2020 10:48
May 14 (Reuters) - Bilia AB BILIa.ST :
* THE BOARD OF DIRECTORS OF BILIA AB WITHDRAWS PROPOSAL FOR
ORDINARY DIVIDEND FOR 2019. FURTHER, THE NOMINATION COMMITTEE
REVISES CURRENT PROPOSAL FOR INCREASED BOARD FEES
* BILIA AB HAS DECIDED TO WITHDRAW EARLIER PROPOSAL FOR AN
ORDINARY DIVIDEND OF SEK 5.25 PER SHARE TO BE PAID ON TWO
OCCASIONS
* DECISION IS BASED ON SIGNIFICANT UNCERTAINTY SURROUNDING
WHEN
RECOVERY FOLLOWING COVID-19 PANDEMIC WILL OCCUR
Source text for Eikon: ID:nGNE9bxnBq
Further company coverage: BILIa.ST
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))