Hold the Presses is your online newsportal en brings press releases from around the world. Journalists can use it for free, although it is their responsibilty to check the news. Hold the Presses is in no way responsible for the content of the press releases, the Sender is. We hope you enjoy reading the news we bring you on this website. If a message is published that is not acceptable, we apologize. Please contact us and we will remove the message as soon as possible.

Friday, 14 July 2017

Verkkokauppa.com decided on a quarterly dividend

Verkkokauppa.com Oyj    

Published: 06:45 CEST 14-07-2017 /GlobeNewswire /Source: Verkkokauppa.com Oyj / : VERK /ISIN: FI4000049812

Verkkokauppa.com decided on a quarterly dividend

Verkkokauppa.com Oyj COMPANY RELEASE July 14, 2017 at 7:45

The Board of Directors of Verkkokauppa.com Oyj has decided today, on the basis of the authorization by the Annual General Meeting 2017, that a dividend of EUR 0.042 per share (EUR 1,892,735.46 in total) be distributed from retained earnings. The dividend will be paid to a shareholder registered in the company's shareholders' register maintained by Euroclear Finland Ltd on the record date for the dividend on 18 July 2017. The dividend will be paid on 25 July 2017.

Verkkokauppa.com's Annual General Meeting, held on 15 March 2017, resolved to authorize the Board of Directors to decide in its discretion on the distribution of dividend. Based on the authorization, the total amount of the dividend to be distributed shall not exceed EUR 0.126 per share (EUR 5,678,206.38 in total). Unless the Board of Directors decides otherwise for a justified reason, the authorization will be used to distribute dividend three times during the period of validity of the authorization. In this case, the Board will make a separate decision on the payment of dividend and the company will make a separate announcement of such Board decisions. The authorization is valid until the opening of the Annual General Meeting 2018.

After the quarterly dividend decided by the Board today, the remaining authorization of Verkkokauppa.com's Board of Directors is EUR 0.043 per share.

For more information, please contact:

Samuli Seppälä
CEO
samuli.seppala@verkkokauppa.com
Tel. +358 10 309 5555

Jussi Tallgren
CFO
jussi.tallgren@verkkokauppa.com
Tel. +358 10 309 5555

Certified Adviser
Nordea Bank Finland Plc
Tel. +358 9 5300 6785

Distribution:

NASDAQ OMX Helsinki
Principal media
www.verkkokauppa.com





This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of NASDAQ OMX Corporate Solutions clients. Source: Verkkokauppa.com Oyj, Tyynenmerenkatu 11, 6 krs, Helsinki 00220, Suomi
If you would like to unsubscribe and stop receiving these e-mails click here.