Oslo, 23 April 2018: Scatec Solar ASA ('SSO') held its annual general meeting on 23 April at 09:00 (CET). A total of 55,215,051 shares, representing 53.39 % of the share capital was represented at the general meeting.

The general meeting resolved the board's proposal of a dividend of NOK 0.78 per share. The dividend shall accrue to the company's shareholders as they appear in the company's shareholder register in the VPS on 25 April 2018, being the Company's shareholders at the date of the general meeting based on regular T+2 settlement. The company's shares will trade on Oslo Stock Exchange exclusive the right to receive dividend as from 24 April 2018. The dividend is expected to be paid on or about 15 May 2018.

All proposals were resolved as presented in the notice convening the general meeting distributed on 23 March 2018 and as further set out in the minutes from the general meeting attached hereto.

For further information, please contact:

Mr. Raymond Carlsen, CEO, tel: +47 454 11 280, e-mail: raymond.carlsen@scatecsolar.com

Mr. Mikkel Tørud, CFO, tel: +47 976 99 144, e-mail: mikkel.torud@scatecsolar.com 

About Scatec Solar
Scatec Solar is an integrated independent solar power producer, delivering affordable, rapidly deployable and sustainable source of clean energy worldwide. A long-term player, Scatec Solar develops, builds, owns, operates and maintains solar power plants, and already has an installation track record of close to 1000 MW.

Currently, the company is producing electricity from 322 MW of solar power plants in the Czech Republic, South Africa, Rwanda, Honduras and Jordan and another 434 MW are under construction.

With an established global presence, the company is growing briskly with a project backlog and pipeline of more than 1.5 GW under development in the Americas, Africa, Asia and the Middle East. Scatec Solar is headquartered in Oslo, Norway.

For more information on Scatec Solar, please visit our home page www.scatecsolar.com.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Minutes Annual General Meeting 2018



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Source: Scatec Solar ASA via Globenewswire

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