Volati AB Approves Ordinary Share Dividend, Payable on 23 May 2018, Approves Quarterly Preference Share Dividends; Announces Board Changes
May 16, 2018 at 04:00 pm
Share
The annual general meeting of Volati AB (publ) held on 16 May 2018 resolved on a dividend of SEK 0.50 per ordinary share. The record date for the ordinary share dividend is 18 May 2018 and the payment from Euroclear Sweden AB is expected to be made on 23 May 2018. In addition, the annual general meeting resolved on a dividend of SEK 40.00 per preference share to be paid quarterly in an amount of SEK 10.00 per preference share. The record dates for the preference share dividend are 5 August 2018, 5 November 2018, 5 February 2019 and 5 May 2019, or the previous banking day in accordance with the company's articles of association.
The company also announced that Anna-Karin Celsing and Magnus Sundström were elected as new board members for the time until the close of the next annual general meeting. Patrik Wahlén was elected as the new chairman of the board for the same period.
Volati AB is a Sweden-based industrial investor. It comprises subsidiaries Besikta Bilprovning, operating vehicle inspection stations in Sweden; Corroventa, which develops systems for the restoration of water damage, building drying, dehumidifying crawl spaces and conducts radon decontamination; Ettikettoprintcom, a printing company offering self-adhesive labels and tickets, and manufacturing labeling and packaging machines; Kellfri, which constructs, assembles, buys and sells machinery, trailers, tractors and accessories for agriculture and forestry; me&i, offering clothing for kids and parents; NaturaMed Pharma, a supplier of nutritional supplements and health products; Tornum, which delivers in complete grain handling systems for agriculture and the grain processing industry; Lomond Industrier, a supplier to hardware and building product retailers in the Nordic region; and Akademibokhandeln Holding AB (publ). The Company carries out its operations in several European countries.
VOLATI AB 
