As a consequence of the current uncertainty due to the global outbreak of the coronavirus (Covid-19), the Board of Directors of QleanAir Holding AB (publ.) has resolved to withdraw its dividend proposal before the Annual Shareholders’ Meeting 2020. The spread of Covid-19 impacts the markets in Europe, USA and Japan where QleanAir is present.
Currently it is not possible to foresee and quantify the financial effects thereof, given the exceptional and uncertain market conditions. It is therefore the Board’s assessment that the previously communicated dividend proposal of SEK 0.25 per share, in total SEKm 3.7, to increase the financial stability.
If market conditions stabilize during the year and the Company's financial position is strong, the Board may convene an extraordinary shareholders ́ meeting in order to decide on a dividend later during the year.