DGAP-News: Nabaltec AG / Key word(s): AGM/EGM
Nabaltec AG's 2017 Annual Meeting in Amberg
Schwandorf/Amberg, 27 June 2017 - At Nabaltec AG's Annual Meeting in Amberg today, the Management and Supervisory Boards once again received strong support for the company's strategy and alignment. All of the agenda items which were put to a vote were approved with large majorities.
The shareholders approved the joint recommendation from the Management and Supervisory Boards with regard to the appropriation of earnings by a large majority. Accordingly, the shareholders adopted a dividend of EUR 0.15 per share, to be paid out on 30 June 2017. The residual retained profit, in the amount of EUR 11,013,279.78, will be carried forward to new account, and will therefore be retained by the company to support its policy of sustained growth.
"We are very pleased at the approval of our strategy by the shareholders, particularly since the past year was beset, in part, by uncertainty with regard to the future of our US subsidiary, Nashtec. We have now been able to meet this challenge and shape it to our advantage," reported Johannes Heckmann, CEO of Nabaltec AG. "This expression of the shareholders' confidence encourages us to maintain our course. The current performance of our target markets is outstanding, which will allow us to continue our trend of long-term growth."
Note: The voting results at Nabaltec AG's 2017 Annual Meeting will be available for download as of 28 June 2017 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, Munich, Stuttgart, Tradegate Exchange; Open Market (Scale) in Frankfurt|
|End of News||DGAP News Service|