Expected payment of dividend
17 Apr 2012
NORDEN’s ordinary General Meeting will take place on 11 April 2012. The cut-off date for holding NORDEN shares and thus receiving dividend is thus also 11 April 2012. This means that share holders who hold NORDEN shares when NASDAQ OMX Copenhagen A/S closes on the day of the general meeting’s adoption of the Board of Directors’ proposal of dividend will be entitled to receive dividend payment.
In short – shareholders holding shares in NORDEN on close of business of NASDAQ OMX Copenhagen A/S on 11 April 2012 will be entitled to receive dividend payment.
The NORDEN share will be traded ex-dividend from 11 April 2012. Expected payment of dividend will be about 4 bank days after the general meeting i.e. about 17 April 2012.
The Board of Directors proposes a dividend of DKK 4 per share. This corresponds to approximately 35% of the net profit being distributed to the shareholders (excluding treasury shares). See annual report 2011.