Extraordinary general meeting on 2 October 2015
An extraordinary general meeting of Ferronordic Machines AB (publ) was held on 2 October 2015 at Hovslagargatan 5B, Stockholm.
In accordance with the proposal of the board, the meeting resolved to pay dividends on the company’s preference shares in an amount of SEK 50 per preference share, corresponding to a total dividend payment of SEK 25,000,000. The record date for the dividend payment shall be 23 October 2015. The dividend will be paid through Euroclear Sweden AB on 28 October 2015. No dividends shall be paid with regard to ordinary shares.
About Ferronordic Machines
Ferronordic Machines is the authorized dealer of Volvo Construction Equipment and Terex Trucks in Russia. The company began its operations in June 2010 and has expanded rapidly across Russia and is today well established in all federal districts with almost 70 outlets and approximately 700 employees. In addition to distributing and providing aftermarket support to Volvo Construction Equipment machines, the company has also been appointed aftermarket dealer for Volvo and Renault Trucks as well as dealer for Volvo Penta in certain parts of Russia. The company has also signed up some other high quality brands such as Logset and several attachment manufacturers. The vision of Ferronordic Machines is to be regarded as the leading service- and sales company in the CIS markets. The preference shares of Ferronordic Machines are listed on NASDAQ OMX First North Premier. The company has appointed Avanza Bank AB as its Certified Advisor.
For more information, please contact:
Ferronordic Machines discloses the information herein pursuant to the Securities Markets Act and/or the Financial Instruments Act. The information was submitted for publication on 2 October 2015, 15:30 CET.
Your subscription is now saved and you will receive an e-mail to verify your address and activate your subscription.
Latest press releases
Ferronordic sells its Russian business
Ferronordic has divested its Russian business. The purchase price corresponds to SEK* 1,320m. Approx. SEK 230m of this amount has been used by Ferronordic AB to repay debt to the sold Russian subsidiaries. The remaining part of the purchase price has been received in euro on Ferronordic’s account in Austria. For the Group, the divestment thus entails a cash inflow of approx. SEK 1,090m. Ferronordic’s other operations in Germany and Kazakhstan are not directly affected by the transaction.
Bulletin from Ferronordic’s extraordinary general meeting (EGM) 2022
At Ferronordic’s EGM on 15 December 2022, held without physical presence pursuant to the Act on temporary exceptions to facilitate the execution of general meetings in companies and other associations (SFS 2022:121), the shareholders resolved to approve the proposal for incentive program for members of the Group’s executive and extended management teams including issuing of warrants.