Annual General Meeting on 17 June 2020

The Board of Directors of Resurs Holding has today decided that the Annual General Meeting shall be held on 17 June 2020. The Board of Directors notes that the company’s financial position is strong but proposes that the decision regarding dividend is postponed and is instead addressed at an Extra General Meeting when the consequences of Covid-19 are clearer. Resurs Holding’s dividend policy is unchanged.

On 25 March 2020, Resurs Holding announced that the Board of Directors had decided, as a result of the situation caused by the outbreak of the Coronavirus and the Swedish Financial Supervisory Authority’s announcement on 24 March 2020 that banks are expected to refrain from paying dividends until the prevailing situation has become clearer, to further consider the matter regarding dividend and postpone the Annual General Meeting 2020 to a later date.

Resurs Group has a strong financial and capital position. However, in consideration of the current situation caused by Covid-19 and the announcement from the Swedish Financial Supervisory Authority, the Board of Directors proposes that the decision regarding dividend shall not be made at the AGM 2020. Instead, when the consequences can be better assessed, the Board of Directors intends during Autumn 2020, and if conditions allow, to summon an Extra General Meeting in order for the shareholders to decide on the dividend.

The Board of Directors has also decided that the Annual General Meeting will take place on 17 June 2020. In order to limit the risk of spreading Covid-19 in connection with the Annual General Meeting, Resurs Holding intends to take several measures, including using postal votes procedure. The notice to attend the Annual General Meeting will be published in due course.

For additional information:
Christina Jungvid Ohlsson, IR-Officer, christina.jungvidohlsson@resurs.se, +46 70 781 65 58 
Martin Bengtsson, chairman of the Board (e-mail and phone via IR-Officer)

This information is such information that Resurs Holding AB 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 18:30 CET 27 April 2020.
 

About Resurs Holding
Resurs Holding (Resurs), which operates through the subsidiaries Resurs Bank and Solid Försäkring, is the leader in retail finance in the Nordic region, offering payment solutions, consumer loans and niche insurance products. Since its start in 1977, Resurs Bank has established itself as a leading partner for sales-driven payment and loyalty solutions in retail and e-commerce, and Resurs has thus built a customer base of approximately 6 million private customers in the Nordics. Resurs Bank has had a banking licence since 2001 and is under the supervision of the Swedish Financial Supervisory Authority. The Resurs Group operates in Sweden, Denmark, Norway and Finland. At the end of the fourth quarter of 2019, the Group had 750 employees and a loan portfolio of SEK 31.3 billion. Resurs is listed on Nasdaq Stockholm.