Dividend

The ambition of the Board of Directors is a pay-out ratio exceeding 50 percent of consolidated average profit after tax over a business cycle. Since the share was listed, the pay-out ratio, including the dividend proposed for the year, has averaged around 60 percent.

The Board has decided to propose at the Annual General Meeting in August 2016, a dividend of SEK 3.25 (3.25) per share. The total dividend amounts to SEK 218 million (216).

Share price trend and return

The Addtech shares are listed on Nasdaq OMX Stockholm. Since their listing in September 2001 until 31 April 2016, the total return on the shares until 31 March 2016 has averaged 17 percent per year.

The Addtech share declined 3 percent (+14) in value during the financial year. Taking into account the value of the distribution of AddLife AB, which was traded on opening day, 16 March 2016, at an average price of SEK 115.00, the increase was 21 percent. The OMX Stockholm index on the Nasdaq OMX Stockholm Exchange decreased by 11 percent (+23) in the corresponding period. The highest price paid during the year was SEK 146.00 and was quoted on 3 December 2015. The lowest was SEK 104.75 on 7 May 2015. The final price paid before the end of the financial year was SEK 112.00, corresponding to a market value of SEK 7.3 billion (7.5).

During the period 1 April 2015 - 31 March 2016, 8 million (16) shares were traded with an aggregate value of approximately SEK 1 billion (2 billion). Relative to the average number of Class B shares outstanding, this is equivalent to a turnover rate of 13 percent (24). Broken down by trading day, an average of 33,295 (63,200) Addtech shares were traded at an average value of about SEK 4 million (7).

ownership structure

The total number of shareholders on 31 March 2016 was 4,266 (3,932), including 2,929 (2,602) owners who held stakes of 1,000 shares or less. The 15 largest shareholders accounted for 57.8 (58.5) percent of the total number of shares and 68.2 (68.7) percent of the total votes. Anders Börjesson (with family interests) is the largest owner in terms of votes; he owns shares corresponding to 15.4 percent, followed by Tom Hedelius, who owns shares corresponding to 14.9 percent. The proportion of foreign owners was 28 percent (23) of total capital.

Additional information

Addtech's website www.addtech.com is updated continuously with information about shareholder changes and share price performance. The site also contains information about which analysts follow Addtech.