Statkraft AS: Notice of change in dividend policy

24.11.2015 08:06 | stock exchange information

 

(Oslo, 24 November 2015) The political majority in the Norwegian Parliament has, in connection with negotiations related to the State budget for 2016, agreed that Statkraft's equity shall not be strengthened by NOK 5 billion through reduced dividends for the period 2016-2018, as was proposed in the proposition to the Norwegian Parliament 5 December 2014.

It is expected that the budget agreement will be passed in the Parliament.

This entails new financial terms for Statkraft AS. The company will assess necessary measures and changes in the strategy as a result of the revised dividend policy.

For additional information:
SVP Investor Relations Thomas Geiran, tel.: +47 905 79 979, e-mail: thomas.geiran@statkraft.com
Press spokesperson Knut Fjerdingstad, tel.: +47 901 86 310, e-mail: knut.fjerdingstad@statkraft.com
SVP Corporate Communication Bente E. Engesland, tel.: +47 911 59 952, e-mail: bente.engesland@statkraft.com

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.