Kemira Oyj
Stock Exchange Release
March 18, 2010 at 3.15 pm (CET+1)
Kemira Oyj corrects the incorrect information that has been published in media to the effect that Kemira's share would trade on an ex-cash dividend basis as from Tuesday, March 17, 2010 as a result of a cash dividend.
Kemira's Annual General Meeting held on March 16, 2010 authorized the Board of Directors to decide upon a potential cash dividend on the basis of the adopted balance sheet for the financial year ended December 31, 2009 under the following terms and conditions:
- Under the authorization, the Board of Directors may decide upon a potential cash dividend in a maximum amount of 0.27 euro per share.
- The Board of Directors will decide upon the other terms related to a potential cash dividend in accordance with the Rules of the Helsinki Stock Exchange and Euroclear Finland Ltd. The authorization to decide upon a potential cash dividend is valid until May 31, 2010.
The Board of Directors of Kemira will decide upon the cash dividend on the basis of the authorization granted by the Annual General Meeting, and Kemira will inform the market with a stock exchange release on the distribution, amount and timing of the potential cash dividend, including the record date, after such decision has been taken.
Kemira Oyj
Päivi Antola, Senior Manager, Investor Relations and Financial Communications
For further information, please contact
Päivi Antola, Senior Manager, Investor Relations and Financial Communications
Tel. +358 10 862 1140
Kemira is a global 2.5 billion euro chemicals company that is focused on serving customers in water-intensive industries. The company offers water quality and quantity management that improves customers' energy, water, and raw material efficiency. Kemira's vision is to be a leading water chemistry company. Its paints and coatings business, Tikkurila, aims to be the market leader in decorative paints and selected wood and metal coatings in chosen markets.
