Proposal regarding dividends and notice to attend an Extraordinary General Meeting - Nordnet Bank AB
2021-11-16

Proposal regarding dividends and notice to attend an Extraordinary General Meeting

The Board of Nordnet AB (publ) has today decided to invite the company’s shareholders to an Extraordinary General Meeting to be held on Tuesday 14 December 2021, and to propose that the meeting resolves on dividends amounting to SEK 1,77 per share.

Proposal regarding dividends

On 29 April 2021, the Annual General Meeting of Nordnet AB (publ) resolved on dividends amounting to SEK 1,51 per share, and that the remaining net result would be carried forward.

The Board now proposes that the Extraordinary General Meeting resolves on dividends amounting to SEK 1,77 per share, which, together with the dividends resolved upon by the Annual General Meeting, equals 70 percent of the net result of year 2020.

As of 31 December 2020, the company’s unrestricted equity amounted to SEK 2 368 771 000. In accordance with the Annual General Meeting’s decision, SEK 377 500 000 has been paid out as dividends. No other value transfers have been carried out since 31 December 2020. Hence, the amount available for distribution according to Chapter 17, Section 3 first Paragraph of the Companies’ Act (2005:551) amounts to SEK 1 991 271 000.

The Board proposes Thursday 16 December 2021 as record day. If the meeting resolves in accordance with this proposal, the dividend is expected to be distributed by Euroclear Sweden AB on 21 December 2021.

Postal-voting only

With the purpose of preventing spread of the Corona virus, the Board has decided to conduct the Extraordinary General Meeting as a meeting with postal voting only in accordance with Section 20 of the Act (2020:198) on temporary exceptions to facilitate the execution of general meetings in companies and other associations. This means that the meeting is conducted without the physical presence of shareholders, proxies and third parties and that shareholders can exercise their voting rights only through postal voting as specified under the heading Postal voting below.

Right to attend and notice

Anyone wishing to participate in the meeting shall be registered in the shareholders’ register maintained by Euroclear Sweden AB on 6 December 2021, and shall notify the Company of their intention to attend the meeting by casting their postal vote, in accordance with the instructions under the heading Postal voting below, in such time that the postal vote is received by Euroclear Sweden AB no later than on 13 December 2021.

Nominee-registered shares

In order to participate in the Extraordinary General Meeting, shareholders whose shares are nominee-registered must, in addition to casting their postal vote, ensure that they are entered in the share register in their own name as of 6 December 2021. This is done through temporary re-registration of the shares in one’s own name, so called voting registration. Voting registrations must be requested from the nominee well in advance and in accordance with the nominee’s routines. Voting registrations that has been requested at such time that the registration has been completed no later than 8 December 2021 will be taken into account in the presentation of the share register.

Postal voting

Euroclear Sweden AB administers the postal voting procedure.

Postal votes are cast on a designated form. The form is available on Euroclear Sweden AB’s website, https://anmalan.vpc.se/euroclearproxy, and on the Company’s website, www.nordnetab.com. The postal voting form is also valid as notification to attend the Extraordinary General Meeting.

The completed form must be received by Euroclear Sweden AB no later than Monday 13 December 2021. The form may be submitted electronically or by mail. The form may be submitted electronically either through BankID signing as per instructions on Euroclear Sweden AB’s website as referred to above, or through sending the form by e-mail to GeneralMeetingServices@euroclear.com. The form can be submitted by post by sending the form to Nordnet AB (publ), “Extraordinary General Meeting”, c/o Euroclear Sweden AB, P.O. Box 191, SE-101 23, Stockholm, Sweden.

Shareholders who wish to vote by proxy must use the proxy form available on the Company’s website stated above. The shareholder must sign and date the proxy form and send it by post or e-mail to Euroclear Sweden AB, see the addresses stated above. If the shareholder is a legal entity, a registration certificate or other authorization documents must be attached to the form.

The postal vote may not be provided with special instructions or conditions. If so, the postal vote is invalid. Further instructions and conditions are included in the form for postal voting.

Items and proposed agenda

1. Election of a chairman of the meeting

2. Preparation and approval of the voting list

3. Election of person to verify the minutes of the meeting

4. Determination of whether the meeting was duly convened

5. Approval of the agenda

6. Resolution on dividends

This is information that Nordnet AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 17:10 CET on 16 november 2021.

For further information, please contact:
Johan Tidestad, Chief Communications Officer
johan.tidestad@nordnet.se, +46 708 875 775

Nordnet is a pan-Nordic leading digital platform for savings and investments. Through innovation, simplicity and transparency, we challenge traditional structures, and give private savers access to the same information, tools and services as professionals. Visit us at www.nordnetab.com, www.nordnet.se, www.nordnet.no, www.nordnet.dk or www.nordnet.fi.