© 2014 Nexamchemical.com, Nexam Chemical Holding AB (publ). Registered Office: Lund; Reg. No. 556919-9432
The amount of any future dividends to the shareholders of Nexam Chemical depends on a number of factors, such as profit, financial position, cash flow and working capital needs.
Dividends to shareholders will not be possible until long-term profitability can be forecasted. Dividends are not expected to be relevant in the next few years. Instead, available funds will be used for continued expansion. A resolution on distribution of profits is adopted by the general meeting and pay out is handled by Euroclear. Anyone who is registered as a shareholder in the register of shareholders maintained by Euroclear on the record day of the dividend set by resolution of the general meeting will be entitled to a dividend.
Dividends are normally paid out as a cash amount per share via Euroclear, but can also consist of something other than cash, such as a distribution in kind. If a shareholder cannot be reached for receipt of the dividend, the shareholder's claim against the Company will remain and will be limited only by the general rules of limitation. Upon expiration of the period of limitation, the entire amount will fall to the Company. Nexam Chemical does not apply any restrictions or special procedures for cash dividends to shareholders residing outside of Sweden. With the exception of any limitations imposed by banking and clearing systems, payout will take place in the same manner as for shareholders residing in Sweden. However, Swedish coupon tax (kupongskatt) will generally be payable for shareholders that do not have their fiscal domicile in Sweden.