DNB Bank ASA
Postboks 1600 Sentrum
0021 OSLO, Norway
Telephone: +47 2326 8021
Telio’s Investor Relations policy is to offer continuously information to the market relating to Telio’s goals, performance and outlook through an open dialogue with the company’s stakeholders, including shareholders, investors, and analysts.
Information will be provided through open presentations, press releases, and Telio’s web pages.
The supply of information is intended to reduce company specific risks, thus helping to better ensure a better understanding of Telio’s current and expected future situation and thus contribute to a correct pricing of the stock.
Telio seeks to build and maintain a relationship of openness, trust, and integrity with its shareholders. Shareholders of Telio shall be kept informed of all significant developments at Telio through information provided to them in accordance with our IR policy. Telio’s primary long-term objective is to provide shareholders a risk-adjusted return on investment that is at least as good as that of alternative investments. The return shall be realized through appreciation of share value. Telio will strive to ensure that Telio remains an attractive investment opportunity with sufficient liquidity. Telio is listed on the Oslo Stock Exchange under the ticker "Telio".
The dividend policy of the company is to distribute an annual dividend to its shareholders. It is Telio's intention to return to its shareholders an amount of 2/3 of consolidated profit after tax. The dividend level is a balance between the shareholders wish for a regular direct return on investment and the company's need to retain capital for development of the business. Therefore, the level of dividend may be higher or lower than 2/3 of profit after tax, depending on the company’s evaluation of expected cash flows, capital expenditure plans, financing requirements and appropriate financial flexibility. A dividend will be paid as soon as possible after a decision by the AGM.
In connection with the listing of Telio Holding ASA on the Oslo Stock Exchange in June 2006 a listing prospectus was prepared. The prospect can be found under "Reports and Presentation" on our IR pages. No other prospectus have been developed