Notice of Dividend Amount • May 21, 2015
Notice of Dividend Amount
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Corporate | 21 May 2015 15:17
freenet AG: Annual General Meeting resolves dividend payment amounting to 192 million euros for financial year 2014
freenet AG / Key word(s): AGM/EGM/Dividend
2015-05-21 / 15:17
freenet AG: Annual General Meeting resolves dividend payment amounting to 192 million euros for financial year 2014
– Annual General Meeting resolves dividend of 1.50 euros per dividend-bearing share (previous year: 1.45 euros)
– Payout ratio of 72.1 per cent of free cash flow* (previous year: 72.5 per cent)
Büdelsdorf, 21 May 2015 – Following a constructive shareholders’ debate today’s Annual General Meeting of freenet AG [ISIN DE000A0Z2ZZ5], at which about 46 per cent of the share capital was represented, all of the resolutions proposed by the management were approved by a large majority.
The dividend of 1.50 euros per dividend-bearing share is carried out from the tax deposit account in accordance with § 27 Corporate Income Tax Act. The dividend will be paid thus without deduction of capital gains tax and solidarity surcharge. Payment date is 22 May 2015.
More information about the ordinary Annual General Meeting 2015 will be available shortly at http://www.freenet-group.de/investor.
* Free cash flow is defined as cash flow from current operating activities less investments in property, plant and equipment and intangible assets, plus the cash inflows from disposals of intangible assets and property, plant and equipment.
2015-05-21 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
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| Language: | English |
| Company: | freenet AG |
| Hollerstraße 126 | |
| 24782 Büdelsdorf | |
| Germany | |
| Phone: | +49 (0)40 51306-778 |
| Fax: | +49 (0)40 51306-970 |
| E-mail: | [email protected] |
| Internet: | www.freenet-group.de |
| ISIN: | DE000A0Z2ZZ5, DE000A1KQXU0 |
| WKN: | A0Z2ZZ , A1KQXU |
| Indices: | TecDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart |
| End of News | DGAP News-Service |
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| 360633 2015-05-21 |
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