Novem Group S.A. / LU2356314745
17.06.2024 - 17:20:46Novem Group S.A.: Suspension of dividend
| EQS-Ad-hoc: Novem Group S.A. / Key word(s): Dividend 17-Jun-2024 / 17:20 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. 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. Archive at www.eqs-news.com |
| 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
