Beijer Alma AB Proposes Dividend, Payable from March 29, 2018; Announces Board Changes
February 16, 2018 at 11:39 am EST
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The Board of Directors of Beijer Alma AB (publ) proposed that the Annual General Meeting approve a dividend of SEK 9.50 per share (previous year: SEK 9.50 per share). The proposed record date for dividends is March 26, 2018. If the Annual General Meeting votes in accordance with this motion, dividends are expected to be paid out through Euroclear commencing March 29, 2018.
The Nomination Committee proposed that the Board of Directors comprise seven regular members and no deputy members. Peter Nilsson has declined re-election. The Nomination Committee proposes that Cecilia Wikström be elected as a new director. The Nomination Committee proposes that Johan Wall be elected Chairman of the Board. Cecilia Wikström is a Member of the European Parliament and has served as Chair of the Conference of Committee Chairs since 2017. She previously served as a Member of the Swedish Riksdag, and worked as an executive recruiter in the private sector. Cecilia Wikström previously served as a member of the Board at Uppsala University and now at Örebro University. She was born in 1965 and holds a Bachelor of Theology from Uppsala University.
Beijer Alma AB is a Sweden-based company engaged in the production of components and industrial trading. Its business concept is to acquire, own and develop small and medium-sized companies with growth potential. Its operations are conducted by the subsidiaries focused on industrial customers. Lesjofors is an international supplier of industrial springs, wire and flat strip components. Habia Cable is a manufacturer and marketer of cables and cable systems for demanding applications, such as mobile telecommunication, defense, nuclear power and infrastructure. Beijer Tech is a company focused on industrial trading within the areas of hoses, fittings, rubber sheeting, wear protection, power transmission and surface treatment, as well as foundry, steelworks and smelters. The Company has approximately 40 subsidiaries active in Denmark, Norway, Finland, the United Kingdom, Germany, Latvia, China, Russia, Slovakia, the Netherlands, the United States, France and Poland.
BEIJER ALMA AB 
