Shareholders representing 294,989, 915 shares are participating in ABB Ltd’s Dividend Access Facility (DAF), corresponding to 58% of ABB Ltd shares registered with Euroclear Sweden.
Shareholders participating in the DAF will be registered temporarily as shareholders without right to a dividend from ABB Ltd. These shareholders will instead receive their dividend from ABB Ltd’s Swedish subsidiary ABB Norden Holding AB. The participating shareholders will for each ABB Ltd share receive one ABB Ltd share without dividend rights (ABB Ltd U), and one dividend right from ABB Norden Holding AB separated from the share (SR1). The ordinary ABB Ltd shares will be re-registered on the shareholders’ accounts on May 7, 2012. Assuming that shareholders approve the dividend at ABB Ltd’s Annual General Meeting on April 26 2012, for shareholders participating in the DAF, the dividend payment date is planned to be May 8, 2012.
The ABB Ltd U share will be traded, in parallel with the ABB Ltd share, on the NASDAQ OMX Stockholm, during the period April 23, 2012 through April 30, 2012. The ABB Ltd U share’s ISIN code is SE0000625568. Trading in dividend rights, SR1, will not be possible.
ABB (abb.com) is a leader in power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs about 135,000 people.