ABB is making a facility available for shareholders of ABB Ltd who are 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 without deduction of Swiss withholding tax.
Such shareholders can apply to take part in the dividend access facility (DAF) starting on March 1 through March 20, 2018. Current shareholders who participated in ABB’s DAF in 2017 will be registered automatically for the DAF in 2018.
Assuming that shareholders approve the dividend at ABB’s annual general meeting on March 29, 2018, the dividend under the DAF is expected to be paid on April 10, 2018.
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 3, 2018). The dividend will be taxed according to the relevant 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 a history of innovation spanning more than 130 years, ABB today is writing the future of industrial digitalization with two clear value propositions: bringing electricity from any power plant to any plug and automating industries from natural resources to finished products. As title partner of Formula E, the fully electric international FIA motorsport class, ABB is pushing the boundaries of e-mobility to contribute to a sustainable future. ABB operates in more than 100 countries with about 135,000 employees. www.abb.com