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Essity’s Year-end Report for 2020 will be published on January 27 at approximately 7:00 CET. In conjunction with publication, a telephone and web presentation will be held at 9:00 CET where President and CEO Magnus Groth will present and answer questions.
Essity Aktiebolag (publ) (“Essity”) today announced that Essity has made a non-binding indicative proposal to the Board of the hygiene company Asaleo Care Limited (“Asaleo”) for the acquisition of additional shares in Asaleo for a consideration of AUD 1.26 per share. Asaleo is listed on the Australian Securities Exchange (ASX). Essity is the largest shareholder of Asaleo, currently holding 36.2% of the shares. Asaleo’s current market capitalization on ASX is AUD 549m, based on the closing market price 1.01 AUD on 9 December 2020.
Hygiene and health company Essity has been recognized for its leadership in corporate sustainability by global environmental non-profit CDP, securing a place on its prestigious ‘A List’ for tackling deforestation. Essity is one of a very small number of high-performing companies out of 5,800+ that were scored. Through significant demonstrable action to tackle deforestation in its supply chain and source more sustainable commodities, Essity is leading on corporate environmental ambition, action and transparency worldwide.
The Hygiene and health company Essity is strengthening their dedication to the Global Handwashing Partnership, as a strategic partner.
According to Essity’s articles of association, owners of Class A shares have the right to have such shares converted to Class B shares. Conversion reduces the total number of votes in the company. When such a conversion has occurred, the company is obligated by law to disclose any such changes in this manner.In November, at the request of shareholders, 10 Class A shares were converted to Class B shares. The total number of votes in the company thereafter amounts to 1,257,959,037.
Today, hygiene and health company Essity continues its commitment to breaking barriers to well-being by being a convening partner to the United Nations Foundation’s annual Global Dialogue on the Sustainable Development Goals (SDGs). In conjunction with the meeting, Essity will launch the seventh edition of the Hygiene and Health Report made in collaboration with United Nation’s entity Water Supply and Sanitation Collaborative Council (WSSCC).
Hygiene and health company Essity has been included in the Dow Jones Sustainability Index, one of the world’s most prestigious sustainability indices. The company has qualified for inclusion in the Dow Jones Sustainability Europe Index in the Household Products category.
According to Essity’s articles of association, owners of Class A shares have the right to have such shares converted to Class B shares. Conversion reduces the total number of votes in the company. When such a conversion has occurred, the company is obligated by law to disclose any such changes in this manner.
The Extraordinary General Meeting today resolved in accordance with the Board’s proposal to pay a dividend of SEK 6.25 per share.