13.05.2014
freenet AG DE000A0Z2ZZ5
DGAP-News: freenet AG approves dividend payout of 185.6 million euros
DGAP-News: freenet AG / Key word(s): AGM/EGM/Dividend
freenet AG approves dividend payout of 185.6 million euros
13.05.2014 / 15:52
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freenet AG approves dividend payout of 185.6 million euros
- Annual General Meeting approves dividend of 1.45 euros per
dividend-bearing share (previous year: 1.35 euros)
- Payout ratio increased to 72.5 percent of free cash flow* (previous year:
66 percent)
- New conditional capital in the amount of 12.8 million euros created
Büdelsdorf, 13 May 2014 - At today's Annual General Meeting of freenet AG
[ISIN DE000A0Z2ZZ5], at which about 42 percent of the capital was
represented, all of the resolutions proposed by the management were
approved by a large majority.
Net debt was further reduced to 427.2 million euros, compared with 451.9
million euros in the previous year. As a result, the debt ratio has
improved to 1.2.
Among other things, new conditional capital in the amount of 12.8 million
euros was created.
More information about the ordinary Annual General Meeting 2014 is posted
at www.freenet-group.de/investor-relations.
* Free cash flow is defined as cash flow from operating activities, minus
investments in property, plant and equipment and intangible assets, plus
proceeds from the disposal of property, plant and equipment and intangible
assets.
End of Corporate News
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13.05.2014 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
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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: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,
München, Stuttgart
End of News DGAP News-Service
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268136 13.05.2014
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