STOCKHOLM--(BUSINESS WIRE)--Regulatory News:
The shareholders of Axfood Aktiebolag (publ), reg. no. 556542-0824, are hereby invited to attend the Annual General Meeting (AGM) to be held at 5 p.m. on Wednesday, 18 March 2015. Location: Cirkus, Djurgårdsslätten 43-45, Stockholm. Registration for the AGM will open at 4 p.m.
As stated in the AGM notice, the Board of Directors proposes a dividend of SEK 17.00 per share and that the record date for entitlement to the dividend shall be 20 March 2015.
The Board of Directors also proposes that the Annual General Meeting resolve in favour of a split of shares in the Company, so that every current existing share be split into four shares (4:1). Following the completed split, the number of shares in the Company will be 209,870,712. The share capital will remain unchanged.
The AGM notice is available on Axfood's website, axfood.se, and is appended to this press release.
Axfood AB conducts food retail and wholesale business in Sweden. Retail business is conducted through the wholly owned store chains Willys and Hemköp comprising 259 stores in all. In addition, Axfood collaborates with a large number of proprietor-run stores that are tied to Axfood through agreements. These include stores within the Hemköp chains as well as stores run under the Handlar’n and Tempo profiles. In all, Axfood collaborates with approximately 820 proprietor-run stores. Wholesaling is conducted through Dagab and Axfood Närlivs. Axfood is listed on Nasdaq Stockholm AB’s Large Cap list. Axel Johnson AB is the principal owner, with 50.1% of the shares.
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