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The Board of Directors of AVTECH proposes a dividend to the Annual General Meeting

MAR

The Board of Directors of AVTECH Sweden AB proposes a dividend of SEK 0.10 per share, corresponding to approximately MSEK 5.6, and will shortly convene to an Annual General Meeting for resolution. The Annual General Meeting will be held on Wednesday, May 15, 2023.

” The Board of Directors of AVTECH has decided to propose a dividend. Through continuous positive earnings and good financial strength, the Board of Directors proposes a dividend of SEK 0.10 per share for the upcoming Annual General Meeting. Even after the dividend, we have a good financial liquidity and will be able to continue to invest in the business to further strengthen our position," says Chairman of the Board Ingvar Zöögling.

If the Annual General Meeting resolves on a dividend in accordance with the Board of Directors' proposal, the first day of trading excluding the right to dividend will be Thursday, May 16, 2024. The record date for the right to receive dividend is proposed to be Friday, May 17, 2024. Provided that the Annual General Meeting approves the Board of Directors' proposal, the dividend is expected to be distributed on Thursday 23 May 2024 from Euroclear Sweden AB.

Pressreleases are available at:

 https://www.avtech.aero/press-release-english

For more information, please contact

David Rytter, CEO, +46 (0) 8 544 104 80
Ingvar Zöögling, Chairman of the board +46 (0) 8 544 104 80

About AVTECH Sweden AB (publ)

AVTECH develops products and services for digital air traffic control systems. Customers are the aviation industry's various players such as airlines, airports, aviation, technology companies and aircraft manufacturers. With the help of the company's products and services, each individual flight or the entire flight operation can be optimized in terms of economy, noise and emissions, efficiency, punctuality and safety. The head office is in Stockholm. AVTECH Sweden AB (publ) is listed on NASDAQ First North Growth Market and has appointed Redeye AB to certified adviser.

This information is information that AVTECH Sweden is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2024-03-26 17:20 CET.

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The Board of Directors of AVTECH proposes a dividend to the Annual General Meeting

Datum 2024-03-26, kl 17:20
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The Board of Directors of AVTECH proposes a dividend to the Annual General Meeting