ABB is making a facility available for shareholders tax-resident in Sweden and holding shares of ABB Ltd registered with Euroclear Sweden that allows them to receive the dividend relating to those shares in Swedish Kronor (SEK) without the deduction of Swiss withholding tax.
Such shareholders can apply to take part in the dividend access facility (DAF) starting on March 16 through April 4, 2017. Current shareholders who applied for ABB’s last DAF in 2014 will be registered automatically for the 2017 DAF.
Assuming that shareholders approve the dividend at ABB’s annual general meeting on April 13, 2017, the dividend under the DAF is expected to be paid on April 25, 2017.
The dividend will be paid in Swedish kronor through Euroclear Sweden and will correspond to the dividend that ABB Ltd pays in Swiss francs (the CHF/SEK exchange rate for the dividend will be determined on April 18, 2017). The dividend will be taxed according to the Swedish tax rules valid for each person or entity.
Further information is available on the ABB Sweden website at www.abb.se/aktie or under the following hotline number: +46 (0)8 518 01 555.
ABB (ABBN: SIX Swiss Ex) is a pioneering technology leader in electrification products, robotics and motion, industrial automation and power grids, serving customers in utilities, industry and transport & infrastructure globally. Continuing more than a 125-year history of innovation, ABB today is writing the future of industrial digitalization and driving the Energy and Fourth Industrial Revolutions. ABB operates in more than 100 countries with about 132,000 employees. www.abb.com