ENCAVIS AG

Notice of Dividend Amount • May 16, 2014

News Details

Ad-hoc | 16 May 2014 10:52

Capital Stage raises dividend to 0.10 euros and offers shareholders a choice for the first time

Capital Stage AG / Key word(s): Dividend

16.05.2014 10:52

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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The information contained in this document is not for publication or
distribution in the United States, Australia, Canada or Japan.

Hamburg, 16 May 2014 - Against the background of the positive development
in the year 2013 and the still good prospects for the future the Management
and Supervisory Board of Capital Stage AG suggest to the general meeting
taking place on 26 June 2014 a dividend for the financial year 2013
amounting to 0.10 euros per share. This represents an increase by 25 per
cent compared to the financial year 2012 (0.08 euros per share).
Furthermore, the company intends to grant the shareholders the opportunity
to either receive the dividend in cash or as shares of Capital Stage AG
with a subscription price of 3.70 euros (share dividend). This results in a
subscription ratio of 37:1. Possible residual amounts as a consequence of
the subscription ratio will be settled in cash automatically.

Management and Supervisory Board intend to create the needed shares by
partly utilizing the authorized capital 2014, which has to be authorized by
the general meeting. For this purpose a capital increase against
contribution in kind with subscription right of the shareholders shall be
resolved on after the authorized capital has been entered into the
commercial register. Dividend claims deriving from the profit appropriation
resolution of those shareholders that opted for the share dividend within
the subscription period of presumably three weeks shall be contributed as
contribution in kind.

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Information and Explaination of the Issuer to this News:

Felix Goedhart, CEO of Capital Stage AG, explains: 'With this innovative
kind of dividend payment we are satisfying the different interests of our
shareholders in the best way.'

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

16.05.2014 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
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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 Announcement DGAP News-Service

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