MIPS AB Proposes Dividend, Payable on May 12, 2022
March 29, 2022 at 02:30 am EDT
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MIPS AB (publ) at its Annual General Meeting, to be held on 5 May 2022 proposed a dividend of SEK 5.00 per share. The record date for the dividend is proposed to be 9 May 2022. If the meeting resolves in accordance with the
proposal, it is estimated that Euroclear Sweden AB will execute the payment on 12 May 2022.
Mips AB is a Sweden-based company, which specializes in helmet safety and brain protection. The Company offers its MIPS Brain Protection System (BPS) that implies solutions protecting against rotational motion transferred to the brain from angled impacts to the head. BPS is designed to add protection in helmets due to the low friction layer, which enables a relative movement between the head and the helmet, mimicking the brainâs own protection system. The technology implements into bicycle, snow, motorcycle and equestrian helmets. More than 40 helmet brands use BPS, including Bell, Fox Head, Giro, Scott, Smith and Trek, among others. The Company determines only one segment as operations solely comprise sales of the component kit included in consumer products.
MIPS AB 
