Suspension of dividend
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EQS-Ad-hoc: Novem Group S.A. / Key word(s): Dividend Novem Group S.A.: Suspension of dividend Luxembourg, 17 June 2024 – The Management Board of Novem Group S.A., in agreement with the Supervisory Board of the Company, will propose to the Annual General Meeting on 22 August 2024 not to distribute a dividend for the financial year 2023/24. The proposal is based on the prevailing economic uncertainties and lacklustre market development. The dividend suspension will help face the persistently volatile and challenging trading environment as current visibility is limited.
End of Inside Information
17-Jun-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | Novem Group S.A. |
| 19, rue Edmond Reuter | |
| L-5326 Contern | |
| Luxemburg | |
| ISIN: | LU2356314745 |
| WKN: | A3CSWZ |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange |
| EQS News ID: | 1926895 |
| End of Announcement | EQS News Service |
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1926895 17-Jun-2024 CET/CEST
