EQS-Adhoc: Novem Group S.A.: Suspension of dividend

17.06.24 17:20 Uhr

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EQS-Ad-hoc: Novem Group S.A. / Key word(s): Dividend
Novem Group S.A.: Suspension of dividend

17-Jun-2024 / 17:20 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Novem Group S.A.: Suspension of dividend

Luxembourg, 17 June 2024 – The Management Board of Novem Group S.A., in agreement with the Supervisory Board of the Company, will propose to the Annual General Meeting on 22 August 2024 not to distribute a dividend for the financial year 2023/24.

The proposal is based on the prevailing economic uncertainties and lacklustre market development. The dividend suspension will help face the persistently volatile and challenging trading environment as current visibility is limited.

Contact Investor Relations	Press Contact
Mareike Völker	Isabel Henninger
Head of Investor Relations	Phone: +49 69 506 037 583
Phone: +49 9205 18 1399	E-Mail: isabel.henninger@kekstcnc.com
E-Mail: investor.relations@novem.com

End of Inside Information

17-Jun-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

Language:	English
Company:	Novem Group S.A.
	19, rue Edmond Reuter
	L-5326 Contern
	Luxemburg
ISIN:	LU2356314745
WKN:	A3CSWZ
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange
EQS News ID:	1926895