Brief: Pareto Bank ASA Updated Company Presentation And Revised Dividend Policy

Pareto Bank ASA

05/06/2019 15:34

Pareto Bank ASA  PARB.OL :
    * : UPDATED COMPANY PRESENTATION AND REVISED DIVIDEND POLICY
    * DECIDED TO REVISE DIVIDEND POLICY OF COMPANY IN ORDER TO
INCREASE PREDICTABILITY OF DIVIDEND PAYOUTS
    * REVISION OF DIVIDEND POLICY IS SUBJECT TO COMPLETION OF
CONTEMPLATED PRIVATE PLACEMENT OF UP TO NOK 400 MILLION AS
ANNOUNCED TODAY
    * WILL HAVE AN INTENTION TO PAY OUT MINIMUM 25% OF PROFIT
AFTER
TAX IN DIVIDEND ANNUALLY WITH NO CAP

Source text for Eikon:  ID:nObi4qYkda 
Further company coverage:  PARB.OL