Nabaltec AG - AGM Information 2018

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Corporate | 26 June 2018 12:27

Nabaltec AG: Nabaltec AG 2018 Annual Meeting in Amberg

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

26.06.2018 / 12:27

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

Nabaltec AG 2018 Annual Meeting in Amberg

Dividend adopted in the amount of EUR 0.18 per share
Shareholders approve all agenda items up for a vote

Schwandorf/Amberg, 26 June 2018 – At Nabaltec AG’s Annual Meeting in Amberg today, the Management and Supervisory Boards once again received strong shareholder support for the company’s strategy and alignment. All of the agenda items which were put to a vote were approved with large majorities.

In light of the company’s success in Financial Year 2017, the shareholders approved the joint recommendation from the Management and Supervisory Boards with regard to the appropriation of earnings by a large majority. Accordingly, the shareholders adopted a resolution to raise the dividend from EUR 0.15 to EUR 0.18 per share, to be paid out on 29 June 2018. The residual retained profit, in the amount of EUR 18,048,076.09, will be carried forward to new account, and will therefore be retained by the company to support its policy of sustained growth.

“I would like to thank our shareholders for their support of our strategy, and particularly of the path we have taken in the US,” said Johannes Heckmann, CEO of Nabaltec AG. “We have been able to convert our former joint venture in that country into a stand-alone solution and a wholly owned subsidiary, and we are currently planning further growth in the US, including extensive investments and a second production site. We believe in the outstanding potential of our markets and the approval of our shareholders will serve as additional motivation for us.”

In addition to discharging the Management and Supervisory Boards, the shareholders approved the election of an auditor for Financial Year 2018.

Note: The voting results at Nabaltec AG’s 2018 Annual Meeting will be available for download as of 27 June 2018 from the Investor Relations section of www.nabaltec.de.

About Nabaltec AG:

Nabaltec AG, with registered office in Schwandorf, a chemicals business which has received multiple awards for innovativeness, manufactures, develops and distributes highly specialized products based on aluminum hydroxide and aluminum oxide on an industrial scale through its two product segments, “Functional Fillers” and “Specialty Alumina.” The company’s product range includes halogen-free flame retardant fillers and functional additives for the plastics industry. Flame retardant fillers are used e.g. in cables in tunnels, airports, high-rise buildings and electronic devices, while additives have applications in catalysis and in electric vehicles. Nabaltec also produces specialty oxides for use in technical ceramics and the refractory industry. Unlike halogenated flame retardants, flame retardant fillers contain no hazardous substances and do not require separate disposal. Rather, they actually decrease the development of fumes hazardous to human health and the environment in the event of fire. Nabaltec maintains production sites in Germany and the US and plans to continue to develop its market position by expanding capacity, further optimizing processes and quality and making strategic extensions to its product range. On the strength of its specialty products, the company strives to attain the market leadership in each segment.

Contact:


Heidi Wiendl-Schneller	Frank Ostermair/Vera Müller
Nabaltec AG	Better Orange IR & HV AG
Phone: 09431 53-202	Phone: 089 8896906-14
Fax: 09431 53-260	Fax: 089 8896906-66
E-mail: [email protected]	E-mail: [email protected]

26.06.2018 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:	Nabaltec AG
	Alustraße 50-52
	92421 Schwandorf
	Germany
Phone:	+49 9431 53-0
Fax:	+49 9431 53-260
E-mail:	[email protected]
Internet:	www.nabaltec.de
ISIN:	DE000A0KPPR7, DE000A1EWL99
WKN:	A0KPPR, A1EWL9
Indices:	Scale 30
Listed:	Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Munich, Stuttgart, Tradegate Exchange