Brief: North Media To Pay Dividend Of DKK 4 Per Share

North Media A/S

19/08/2020 12:14

Aug 19 (Reuters) - North Media A/S  NORTHM.CO :
    * REG-NORTH MEDIA TO PAY DIVIDEND OF DKK 4 PER SHARE
    * CONTINUES TO FACE AN INCREASED LEVEL OF UNCERTAINTY FROM
DEVELOPMENTS IN AND CONSEQUENCES OF COVID-19 SITUATION.
    * RESOLVED TODAY TO PAY OUT DIVIDEND OF DKK 4.00 PER SHARE
ORIGINALLY PROPOSED.
    * 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 RECOMMENDATION FOR PAYMENT OF AN ORDINARY DIVIDEND FOR
2019 FINANCIAL YEAR
    * DISTRIBUTION IS MADE AS AN EXTRAORDINARY DIVIDEND ON BASIS
OF AN
INTERIM BALANCE SHEET DATED 30 JUNE 2020
    * TOTAL DIVIDEND TO BE DISTRIBUTED AMOUNTS TO DKK 80.2
MILLION,
FOR A PAY-OUT OF DKK 71.8 MILLION EXCLUSIVE OF HOLDING OF
TREASURY SHARES

Source text for Eikon:  ID:nGNE3p4S4r 
Further company coverage:  NORTHM.CO 

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