Readly removes dividend policy and proposes an extra dividend of SEK 1.75 per share

Readly International AB (publ) (”Readly” or the ”Company”) removes its dividend policy and proposes an extra dividend of SEK 1.75 per share. The decisions have been made by the Board of Directors which has reviewed the company's financial performance and capital structure. 

The board intends to convene an extraordinary general meeting as soon as possible to resolve the board's proposal regarding an extra dividend.

This information constitutes inside information that Readly International AB (publ) is obliged to publish in accordance with EU Market Abuse Regulation 596/2014. The information in this press release has been published by the contact person, at the time specified by the Company's news distributor Cision at the time of publication of this press release.

For mer information please contact:
Linnéa Aguero, Head of PR & Communications, +46 725 03 32 31, [email protected]
 

About Readly
Readly is a European category leader for digital magazines and newspapers. The company offers a digital subscription service where customers have unlimited access to 8,000 national and international titles - all in one app and at a fixed monthly fee. Readly has subscribers in 50 countries and content available in 17 different languages. In collaboration with around 1,000 publishers worldwide, Readly is digitising the newspaper and magazine industry. In 2023, revenues amounted to SEK 663 million. The Readly share is listed on Nasdaq First North Growth Market and FNCA Sweden AB is the company’s Certified Advisor. For more information, please visit https://corporate.readly.com