Hamburger Hafen und Logistik AG

Notice of Dividend Amount • Jun 21, 2017

News Details

Corporate | 21 June 2017 17:45

Hamburger Hafen und Logistik AG: HHLA Distributes EUR 46.7 million to Shareholders for the 2016 Financial Year

DGAP-News: Hamburger Hafen und Logistik AG / Key word(s): AGM/EGM

21.06.2017 / 17:45

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

---

Hamburg, 21 June 2017

Annual General Meeting 2017

HHLA Distributes EUR 46.7 million to Shareholders for the 2016 Financial Year

The Annual General Meeting of Hamburger Hafen und Logistik AG (HHLA) today resolved to pay a dividend of EUR 0.59 per listed Class A share. HHLA is therefore distributing a total of EUR 41.3 million to the shareholders of the Port Logistics subgroup for 2016, just as in 2015. This corresponds to a dividend payout ratio equal to 65 percent of the profit after tax and minority interests. The figure is once again at the upper end of the dividend payout range of 50 to 70 percent, which remains a cornerstone of the company’s dividend policy. The dividend proposal made by the Executive Board and the Supervisory Board was ratified by 99.97 percent of the votes cast.

In her speech at the Annual General Meeting, the Chairwoman of the Executive Board, Angela Titzrath, emphasised: “HHLA rests on solid foundations and has secured a stable level of demand that will provide us with planning security for the 2017 financial year. To strengthen HHLA’s

long-term viability, the aim now is to develop strategic options for the business of the future.

This includes our aspiration to be the engine of digital change in the Port of Hamburg.”

The Annual General Meeting resolved to distribute EUR 2.00 per Class S share for the unlisted Real Estate subgroup. All of the Class S shares are held by the Free and Hanseatic City of Hamburg. HHLA is therefore distributing a combined total of EUR 46.7 million to the shareholders of the two subgroups for the last financial year.

The shareholders formally approved the actions of both the HHLA Executive Board and the Supervisory Board during the 2016 financial year with 99.95 percent and 98.02 percent of the votes cast, respectively. Ms. Titzrath thanked Prof. Dr. Peer Witten, who is stepping down from his position, for “the work you did, for the constructive partnership and for your support when I started”. The Annual General Meeting appointed the former CEO of Deutsche Bahn AG, Dr. Rüdiger Grube, and the CEO Region North of Siemens AG, Michael Westhagemann, as new members of the Supervisory Board.

Approximately 850 shareholders and guests attended the Annual General Meeting of Hamburger Hafen und Logistik AG on 21 June 2017 at the Hamburg trade fair centre. As such, 82.9 percent of the share capital was represented (previous year: 84.4 percent).

The voting results of the Annual General Meeting, the speech by the Chairwoman of the Executive Board, Angela Titzrath, and the accompanying presentation are available on the HHLA website in the Investor Relations section under Annual General Meeting (hhla.de/en/investor-relations/agm/2017.html).

Contact:

Heiko Hoffmann

Investor Relations

HAMBURGER HAFEN UND LOGISTIK AG

Bei St. Annen 1, D-20457 Hamburg, www.hhla.de

Tel: +49-40-3088-3397

Fax: +49-40-3088-55-3397

E-mail: investor-relations@hhla.de

---

21.06.2017 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.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Archive at www.dgap.de

---

Language:	English
Company:	Hamburger Hafen und Logistik AG
	Bei St. Annen 1
	20457 Hamburg
	Germany
Phone:	+49 (0)40-3088-0
Fax:	+49 (0)40-3088-3355
E-mail:	info@hhla.de
Internet:	www.hhla.de
ISIN:	DE000A0S8488
WKN:	A0S848
Indices:	SDAX
Listed:	Regulated Market in Frankfurt (Prime Standard), Hamburg; Regulated Unofficial Market in Berlin, Dusseldorf, Hanover, Munich, Stuttgart, Tradegate Exchange

End of News	DGAP News Service