Earlier today, the extraordinary general meeting authorized the Board of Directors, for the period until September 30, 2011 to decide to distribute extraordinary dividend in the amount of DKK 50 per share, corresponding to approx. USD 41 million.
The Board of Directors has at a board meeting held immediately after the extraordinary general meeting decided to exercise the authorization and made a final decision to distribute extraordinary dividend in the amount of DKK 50 per share.
Shareholders having Satair shares registered with the Danish VP Securities Service (VP) at the end of Monday, June 20, 2011 are entitled to receive the extraordinary dividend. The dividend is expected to be available to the shareholders on Tuesday, June 21, 2011. For trades in Satair shares subject to customary three days’ settlement, Thursday, June 16, 2011 will be the first trading day where Satair shares trade with no extraordinary dividend.
Chairman, N.E. Nielsen, nen@lett.dk, +45 2526 3343
