Invitation to presentation of Nordic Waterproofing’s third quarter 2020 report

Nordic Waterproofing Holding A/S will publish its interim report for January-September 2020 on Tuesday, 3 November 2020, at approximately 08:00 a.m. CET. A conference call and web presentation for investors, analysts and media will be held the same day, at 10:00 a.m. CET. The CEO, Mr. Martin Ellis, and the CFO, Mr. Per-Olof Schrewelius, will present and comment the report as well as answer questions following the presentation. The presentation…

Nordic Waterproofing Holding A/S’s nomination committee appointed

Nordic Waterproofing Holding A/S’s nomination committee ahead of 2021 Annual General Meeting has been appointed, based on ownership data as per 31 August 2020. The Annual General Meeting, held on the 15 June 2020, resolved that Nordic Waterproofing’s nomination committee shall be composed of members appointed by the four largest shareholders, who have expressed a wish to participate, and the chairman of the company. In accordance with…

Nordic Waterproofing adopts a joint merger plan, publishes a listing prospectus and intends to convene an extra general meeting in the continuing process of re-domiciling the parent company to Sweden.

Nordic Waterproofing Holding A/S (“Nordic Waterproofing” or the “Company”) has decided to carry out a re-domiciliation of the parent company from Denmark to Sweden for the purpose of simplifying the legal structure (as previously announced in PR 2019-12-10 and PR 2020-06-26). The boards of directors of the Company and its wholly owned Swedish subsidiary Nordic Waterproofing Holding AB have adopted a joint merger plan entailing that the re-domiciliation will be carried out by way of a cross-border reverse merger. Following the merger, Nordic Waterproofing Holding AB will be the new parent company in the group with the same shareholder structure as in Nordic Waterproofing Holding A/S. The shares in Nordic Waterproofing Holding AB are intended to be listed on Nasdaq Stockholm in connection with the execution of the merger, the Nordic Waterproofing group will continue to be traded on Nasdaq Stockholm, the group’s operations will be unchanged and no employees will be affected.

Reporting of transactions made by persons discharging managerial responsibilities and persons closely associated with them in Nordic Waterproofing Holding A/S’ shares

In accordance with article 19 of Market Abuse Regulation, Nordic Waterproofing Holding A/S, hereby notifies receipt of information of the following transactions in the company’s shares made by persons discharging managerial responsibilities and persons closely associated with them.
The shares are allotted pursuant to Nordic Waterproofing’s Long Term Incentive Program 2017.

INTERIM REPORT, January-June 2020

Strong quarter with improved KPI’s
Second quarter of 2020 Consolidated net sales increased by 7 percent to SEK 949 m (889), of which organic growth amounted to 7 percent Net sales in Product & Solutions amounted to SEK 753 m (688) and in Installation Services to SEK 228 m (234) Gross profit increased to SEK 282 m (238), Gross margin increased to 29.8% (26.7%) EBITDA increased to SEK 166 m (124), EBITDA margin increased to 17.4% (13.9%)…

The process of examining the possibilities of re-domiciling the parent company of Nordic Waterproofing to Sweden continues. Positive advance ruling received in Denmark.

As previously announced (PR 2019-12-10) the board of directors of Nordic Waterproofing Holding A/S (“Nordic Waterproofing”) has decided to examine the possibilities of simplifying the legal structure by carrying out a re-domiciliation of the parent company from Denmark to Sweden. As part of this examination, Nordic Waterproofing has applied for a binding advance tax ruling in Denmark. The company has now received such an advance tax ruling stating that the suggested re-domiciling structure will not trigger any adverse Danish tax consequences. This is an important input into the examination process that now continues with further exploring the conditions and feasibility of a re-domiciliation.

Nordic Waterproofing has signed an agreement to acquire 25% of the shares in Playgreen Finland Oy, a company offering sales and installations of solar energy solutions

Nordic Waterproofing Group has today signed an agreement to acquire 25% of the shares in Playgreen Finland Oy, a Finnish company mainly active in the field of offering design, sales and installations of solar energy solutions. Signing and closing occurred simultaneously. Playgreen Finland Oy had in 2019 an annual sale of € 3.3 m and employed 22 persons. Furthermore, Nordic Waterproofing Group has an option to within two years acquire an additional 55% of the shares in the company.

Notice of Annual General Meeting of Nordic Waterproofing Holding A/S

To the shareholders in Nordic Waterproofing Holding A/S, company registration (CVR) no. 33395361 (the “Company”), notice is hereby given of the Annual General Meeting of the Company to be held on Monday 15 June 2020 at 11 a.m. CEST at the Company’s office at Rönnowsgatan 12 in Helsingborg, Sweden.

Nordic Waterproofing’s Board of Directors withdraws its dividend proposal, proposes that the BoD is authorised to decide on the distribution of dividends at a later date and a new date set for the AGM

The Board of Directors of Nordic Waterproofing has decided to withdraw the dividend proposal, which is stated in the 2019 Annual Report published on 2 April 2020, and instead propose that the Annual General Meeting authorises the Board of Directors to, during the period until the Annual General Meeting in 2021, decide to distribute up to SEK 107 million, corresponding to SEK 4.50 per share. Furthermore, the Board of Directors has decided that the Annual General Meeting is to be held on Monday 15 June 2020 in Helsingborg.

Nordic Waterproofing A/S finally acquitted from accusations of competition law infringements

The Danish Competition Council (Konkurrence- og Forbrugerstyrelsen) decides to finally close the investigation of the roofing felt market. On 12 September 2018, The Danish Competition Appeals Tribunal annulled an earlier decision by the Danish Competition Council and referred the matter back to the Council for reconsideration. By today’s decision, the Council has finally closed the whole matter without finding any wrongdoing.

Correction of previous PR regarding reporting of transactions made by persons discharging managerial responsibilities or closely associated with them in Nordic Waterproofing Holding A/S’ shares

In the Press release published on the 1 April it was reported the transaction was done by the person himself, whereas it was actually done through a closely associated company. The corrected press release follows in full below.
In accordance with article 19 of Market Abuse Regulation, Nordic Waterproofing Holding A/S, hereby notifies receipt of information of the following transactions in the company’s shares made by persons discharging managerial responsibilities and persons closely associated with them.

Annual General Meeting postponed – update relating to Covid-19

The Nordic Waterproofing Board of Directors has today, as a result of the spread of the Corona virus (Covid-19), made the decision to postpone the Annual General Meeting to a later date. During the time until the Annual General Meeting the Board of Directors will further analyse and assess the proposal for dividend.

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