freenet AG - AGM Information 2016

News Details

Corporate | 12 May 2016 13:50

freenet AG: Annual General Meeting resolves dividend payment amounting to 198.4 million euros for financial year 2015

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

2016-05-12 / 13:50

The issuer is solely responsible for the content of this announcement.

freenet AG: Annual General Meeting resolves dividend payment amounting to 198.4 million euros for financial year 2015

– Annual General Meeting resolves dividend of 1.55 euros per dividend-bearing share (previous year: 1.50 euros)

– Payout ratio of around 70 per cent of free cash flow* (previous year: around 72 per cent)

Büdelsdorf, 12 May 2016 – Following a constructive shareholders’ debate today’s Annual General Meeting of freenet AG [ISIN DE000A0Z2ZZ5], at which about 48 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 1.55 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 13 May 2016.

More information about the ordinary Annual General Meeting 2016 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.

Investor Relations contact:

freenet Aktiengesellschaft

Investor Relations

Deelbögenkamp 4c

22297 Hamburg

Germany

Tel.: +49 (0)40 5130 6778

Fax: +49 (0)40 5130 6970

Email: [email protected]

2016-05-12 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

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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; Terminbörse EUREX