Expected payment of dividend
29 Apr 2014
NORDEN’s ordinary General Meeting will take place on 23 April 2014.
The cut-off date for holding NORDEN shares and thus receiving dividend is thus also 23 April 2014. 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 who have purchased shares in NORDEN by close of business of NASDAQ OMX Copenhagen A/S on 23 April 2014 will be entitled to receive dividend payment.
The NORDEN share will be traded ex-dividend from 23 April 2014. Expected payment of dividend will be about 4 bank days after the general meeting i.e. about 29 April 2014.
The Board of Directors proposes a dividend of DKK 5 per share corresponding to a total of USD 38 million. See announcement No 11