DGAP-News: Nabaltec AG / Key word(s): AGM/EGM
Nabaltec AG: shareholders resolve to raise dividend to 0.20 Euros per share
- Total distribution of EUR 1.76 million
- Shareholders approve all agenda items up for a vote
In light of the company's success in Financial Year 2018, the shareholders voted to raise the dividend from EUR 0.18 to EUR 0,20 per shares, as proposed by the Management and Supervisory Boards. This represents a total distribution volume of EUR 1.76 million, with a net income of EUR 12.7 million in Financial Year 2018. The remainder of retained earnings, in the amount of EUR 29.0 million, will be carried forward to new account to support the company's policy of sustained growth.
"We would like to thank our shareholders for their trust," said Johannes Heckmann, CEO of Nabaltec AG. "We spent heavily in recent years as we invested in the company's development. Our shareholders have accompanied us on that path, which is why we are the all the more pleased to be able to raise the dividend once again based on our positive performance."
Besides voting to discharge the Management and Supervisory Boards, the shareholders also approved selection of the auditor for Financial Year 2019. Shareholders also adopted a change to the compensation of the Supervisory Board with regard to D&O insurance.
Note: The voting results from Nabaltec AG's 2019 Annual Meeting will be available for download as of 28 June 2019 from the Investor Relations section of www.nabaltec.de.
About Nabaltec AG:
|Phone:||+49 9431 53-0|
|Fax:||+49 9431 53-260|
|Listed:||Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Munich, Stuttgart, Tradegate Exchange|
|EQS News ID:||831977|
|End of News||DGAP News Service|