Interim report
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* NAXS Half - year financial report January - June 2021 Page 1 of 20 NAXS AB ( publ ) Half - year financial report January - June 2021 First half - year 2021 • Net profit for the half - year amounted to MSEK 81.1 ( -61.0 ) . • Earnings per share amounted to SEK 7.27 ( -5.47 ) . • Net asset value amounted to MSEK 732 ( SEK 65.66 per share ) at June 30 , 2021 , compared to MSEK 679 ( SEK 60.87 per share ) at December 31 , 2020 . • Net cash amounted to MSEK 268 ( SEK 24.00 per share ) at June 30 , 2021 , compared to MSEK 219 ( SEK 19.65 per share ) at December 31 , 2020 . • The 2021 Annual General Meeting resolved to pay a dividend of 3.00 SEK per share for FY 2020 . Second quarter 2021 Net profit / loss for the quarter amounted to MSEK 36.4 ( -57.0 ) . Earnings per share amounted to SEK 3.27 ( -5.11 ) . Comments by the CEO NAXS continued to deliver a steady performance during the second quarter of 2021 with the NAV / share increasing by 4.2 % , and by 23.9 % over 12 months , including the dividend paid . In May , NAXS's majority shareholder , QVT Financial LP , requested that the company convene an extraordinary general meeting to replace the current board of directors in its entirety and consider the election of 5 new directors nominated by QVT . The request was based on QVT's views that , as NAXS's portfolio matures and evolves , the company is entering a new phase and requires new leadership . A stated ambition of the proposed new board is to evaluate and potentially evolve NAXS's investment mandate and , where possible , to streamline the company's structure in order to optimize the outcome for all shareholders . In June , NAXS made a MEUR 1 commitment to Nordic Capital Evo I , the new mid - market funds launched by Nordic Capital . The fund will target mid - market investments across Northern Europe and will closely replicate Nordic Capital's established strategy focusing on non - cyclical growth opportunities within the Healthcare , Technology & Payments and Financial Services sectors . During the quarter , NAXS´s underlying funds acquired 6 new portfolio companies and exited 1 company . Lennart Svantesson