Notice of Dividend Amount • Mar 17, 2008
Notice of Dividend Amount
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Ad-hoc | 17 March 2008 19:09
MLP Executive Board proposes dividend increase by one quarter
MLP AG / Dividend
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
Wiesloch, 17th March 2008 – Following a successful financial year, the
Executive Board at MLP AG is proposing a dividend increase by 25 percent to
50 Cents per share (previous year: 40 Cents). The total dividend payments
will climb to EUR 49 million (2006: EUR 40 million) subject to approval by
the Supervisory Board and the Annual General Meeting (AGM).
From this year onwards, MLP AG shareholders can collect tax-free dividend
payments totalling some EUR 400 million. This results from changes to the
tax treatment of subsidiaries’ contributions to the MLP Group and their
ensuing sale and is subject to a final approval through the tax
authorities.
In the preliminary financial results announced in February, MLP reported a
net profit of EUR 76 million in the in the continuing operations.
MLP will be posting the annual accounts on 27th March 2008. The AGM will
convene on 16th May 2008 in Mannheim, Germany.
Christian Maertin
Fon: +49 (0) 62 21-3 08-43 31
Fax: +49 (0) 62 21-3 08-11 31
E-Mail: [email protected]
Language: English
Issuer: MLP AG
Alte Heerstraße 40
69168 Wiesloch
Deutschland
Phone: +49 (0)6222-308-1135
Fax: +49 (0)6222-308-8351
E-mail: [email protected]
Internet: www.mlp.de
ISIN: DE0006569908
WKN: 656990
Indices: MDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), Stuttgart;
Freiverkehr in Berlin, Hannover, Düsseldorf, Hamburg,
München; Terminbörse EUREX
End of News DGAP News-Service
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