04.06.2014
Softing AG DE0005178008
DGAP-News: Softing AG announces high acceptance rate of almost 60% for the stock dividend
DGAP-News: Softing AG / Key word(s): Dividend
Softing AG announces high acceptance rate of almost 60% for the stock
dividend
04.06.2014 / 12:03
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The Annual General Meeting of Softing AG resolved on May 7, 2014 to pay the
dividend either in cash or as shares in Softing AG depending on the option
chosen by the shareholders. A total of 57.82% of the shareholders have
opted for the stock dividend. As a result, 65,926 new shares were issued
based on a subscription ratio of 55:1. Dr. Trier, CEO of Softing,
commented: "This high acceptance rate has clearly surpassed the Executive
Board's expectations, especially considering the fact that for legal
reasons the stock dividend could only be offered to domestic private
investors. We see this as a vote of confidence and as motivation to further
enhance Softing's enterprise value."
About Softing AG
Softing is a global management holding company. The companies of the
Softing Group produce and market hardware and software for in the
industrial automation and automotive electronics segments. They develop
high-quality standard technology products and customized solutions in close
cooperation with their customers. Both of Softing's business segments
operate in growth markets. Softing aims at achieving sustainable
profitability with double-digit revenue growth annually.
End of Corporate News
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04.06.2014 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.
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Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Softing AG
Richard-Reitzner-Allee 6
85540 Haar
Germany
Phone: +49 (0)89 456 56-333
Fax: +49 (0)89 456 56-399
E-mail: [email protected]
Internet: www.softing.com
ISIN: DE0005178008
WKN: 517800
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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