ENCAVIS AG

AGM Information • Jun 26, 2014

News Details

Corporate | 26 June 2014 14:44

Capital Stage AG: Shareholders agree to dividend raise

DGAP-News: Capital Stage AG / Key word(s): AGM/EGM

26.06.2014 / 14:44

---

* Raise of dividend by 25 per cent to 0.10 euros per share
* Choice to receive dividend in shares
* Management Board affirms forecast for 2014 after positive start of the
year

Hamburg, 26 June 2014 - At the annual general meeting of the company that
took place today in Hamburg, the shareholders of Capital Stage AG have
agreed with clear majorities to all agenda items. They especially approved
the proposal by both Management and Supervisory Board to raise the dividend
for the successful financial year 2013 to 0.10 euros per share. This
represents an increase of 25 per cent compared to the previous year (0.08
euros per share). In addition, the shareholders obtain the possibility to
receive the dividend at their choice exclusively in cash or (in part) in
shares of Capital Stage AG with a subscription price of 3.70 euros.

In front of the shareholders, CEO Felix Goedhart expressed his contentment
with the past financial year: "2013 was an exceptionally good year for
Capital Stage AG. We have conducted an extensive investment programme,
considerably enlarged our portfolio, opened up France as a new market and
last but not least outperformed our ambitious earnings targets."

In the first quarter of 2014 the group achieved further growth. The
financials for the first three months of the year had been disclosed by the
company already on 8 May.

On the background of the good start into the financial year 2014 the
Management Board affirmed the full year forecast of Capital Stage. The
company expects an increase of revenues to more than 80 million euros, an
improvement of EBITDA to more than 67 million euros as well as an
improvement of EBIT to more than 40 million euros and of EBT to more than
23 million euros.

About Capital Stage AG:
Since 2009, Capital Stage has acquired solar power plants and wind parks in
Germany, France and Italy with a capacity totalling to around 300 MWp,
making it Germany's largest operator of solar parks. Its solar and wind
parks generate attractive returns and continuous revenues, while offering a
moderate level of investment risk.

Capital Stage AG is listed in the regulated market (Prime Standard) of the
Frankfurt Stock Exchange an in the regulated market of the Hanseatic Stock
Exchange Hamburg (ISIN: DE0006095003 / WKN: 609500). The shares of Capital
Stage AG have been included in the Deutsche Börse selective index SDAX in
March 2014.

For further information about the company, please visit
www.capitalstage.com

Contacts:

Thomas Schnorrenberg
Capital Stage AG
Tel.: + 49 (0)40 37 85 62-242
Fax: + 49 (0)40 37 85 62-129
E-Mail: thomas.schnorrenberg@capitalstage.com

Sebastian Bucher
Kirchhoff Consult AG
Tel.: + 49 (0)40 60 91 86-18
Fax: + 49 (0)40 60 91 86-60
E-Mail: sebastian.bucher@kirchhoff.de

End of Corporate News

---

26.06.2014 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

---

Language: English
Company: Capital Stage AG
Große Elbstraße 45
22767 Hamburg
Germany
Phone: +49 4037 85 62 -0
Fax: +49 4037 85 62 -129
E-mail: info@capitalstage.com
Internet: www.capitalstage.com
ISIN: DE0006095003
WKN: 609500
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), Hamburg;
Freiverkehr in Berlin, Düsseldorf, München, Stuttgart

End of News DGAP News-Service

275390 26.06.2014