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GRAMMER AG — AGM Information 2014
May 28, 2014
186_rns_2014-05-28_5d63b74b-a40d-4c1b-8157-c1a454eee0f6.html
AGM Information
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Corporate | 28 May 2014 15:49
Grammer AG: increase in dividend to EUR 0.65 per share approved
DGAP-News: Grammer AG / Key word(s): Dividend/AGM/EGM
28.05.2014 / 15:49
Grammer AG: increase in dividend to EUR 0.65 per share approved
Amberg, May 28, 2014 - At Grammer AG's annual general meeting, the
shareholders approved the proposal of the Executive Board and the
Supervisory Board, passing a resolution to adopt an increased dividend of
EUR 0.65 per share. This translates into an increase of 30 percent over the
previous year. The basis for this decision was the new records which were
achieved in the previous year. The dividend for 2012 had been EUR 0.50 per
share. Accordingly, the company will be distributing around EUR 7.3 million
on the total of 11,214,624 dividend-entitled shares, equivalent to around
47 percent of the unappropriated surplus which Grammer AG generated in the
previous year.
"2013 was a consistently good year for Grammer AG," said Hartmut Müller,
CEO, expressing his pleasure. "Despite a generally mixed year for the
automotive industry, we were able to substantially improve our Company's
revenues and profitability. By significantly increasing the dividend over
the previous year, we are sharing this success with our shareholders."
Almost 50% of the voting-entitled capital was represented at Grammer AG's
annual general meeting. A large majority of shareholders voted to ratify
the actions of the Executive Board and the Supervisory Board in 2013. All
other resolutions of the agenda were also passed by the annual general
meeting with the necessary majority.
Company Profile
GRAMMER AG, Amberg, Germany, is specialized in the development and
production of components and systems for automotive interiors as well as
driver and passenger seats for offroad vehicles (tractors, construction
machinery, forklifts), trucks, buses and trains. The Seating Systems
division comprises the truck and offroad seat segments as well as train and
bus seating. In the Automotive division, we supply headrests, armrests and
center console systems to premium automakers and automotive system
suppliers.
GRAMMER is represented in 19 countries worldwide with a workforce of more
than 10,000 employees across its 30 subsidiaries.
GRAMMER shares are listed in the SDAX segment of the German Stock Exchange,
and are traded on the Munich and Frankfurt stock exchanges, via the Xetra
electronic trading platform and on the OTC markets of the Stuttgart, Berlin
and Hamburg stock exchanges.
Contact:
Ralf Hoppe
Phone: +49-9621/66-2200
Fax: +49-9621/66-32200
E-mail: [email protected]
End of Corporate News
28.05.2014 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: Grammer AG
Postfach 14 54
92204 Amberg
Germany
Phone: +49 (0)9621 66-0
Fax: +49 (0)9621 66-1000
E-mail: [email protected]
Internet: www.grammer.com
ISIN: DE0005895403, DE0005895403
WKN: 589540, 589540
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), München;
Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart
End of News DGAP News-Service
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