18.06.2014
Ströer Media AG DE0007493991
DGAP-News: Ströer Media AG: Ströer pays a dividend for the first time after a successful fiscal year
DGAP-News: Ströer Media AG / Key word(s): AGM/EGM
Ströer Media AG: Ströer pays a dividend for the first time after a
successful fiscal year
18.06.2014 / 17:38
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Shareholders vote at the shareholder meeting to convert Ströer into a
European public limited liability company
Cologne, 18 June 2014 At Ströer Media AG's shareholder meeting held today
in Cologne, all resolutions proposed by the supervisory board and the board
of management were adopted with approval rates in excess of 80%. More than
39 million shares in Ströer AG's capital stock were represented at the
shareholder meeting, the equivalent of 80% of capital stock. The majority
of shareholders agreed to the conversion of the Company into a European
public limited liability company - Ströer Media SE. The new legal form
reflects the growing international character of employees, customers and
shareholders alike and will also enhance Ströer's international market
presence.
For the first time in the Company's history, a dividend of EUR 0.10 per
eligible share will be distributed. As proposed by the boards, in addition
to being used for the dividend payments, some of the accumulated profit,
which exceeded EUR 48m, has been transferred to retained earnings and some
carried forward to new account. The members of the board of management and
supervisory board were exonerated for fiscal year 2013. Dirk Ströer and
Ulrich Voigt were elected to the supervisory board for another term of
office. Following the supervisory board's recommendation, Ernst & Young
GmbH Wirtschaftsprüfungsgesellschaft, Cologne, was elected auditor of the
separate and consolidated financial statements for fiscal year 2014.
Ströer successfully implemented its growth strategy in fiscal year 2013.
The Company performed well in all business segments and made a successful
entry into online marketing. This step has allowed Ströer to establish
online marketing as another cornerstone of the Group in all of its core
markets alongside conventional out-of-home advertising.
"2013 was a very successful year of growth for Ströer. All financial ratios
developed positively and our share price increased significantly as well,"
said Udo Müller, CEO of Ströer. "We have been able to carry over this
positive momentum from 2013 into the current fiscal year and 2014 is
promising to be another successful year for Ströer Media AG."
About Ströer
Ströer Media AG is a leading provider of online advertising and
out-of-home, and offers its advertising customers individualized and fully
integrated premium communications solutions. In the field of digital media,
Ströer is setting new standards for innovation and quality in Europe and is
thus opening up new and innovative opportunities for targeted customer
contact for its advertisers.
The Ströer Group commercializes several thousand websites and more than
280,000 out-of-home advertising faces. With consolidated revenue of EUR
634m for the full year 2013, Ströer Media AG is one of largest providers of
out-of-home media in Europe in terms of revenue.
The Ströer Group has approximately 2,200 employees at over 70 locations.
For more information on the Company, please visit www.stroeer.com.
Press contact
Ströer Media AG
Marc Sausen
Head of Group Communication
Telephone: +49 (0) 2236 / 96 45-246
Email: [email protected]
IR Contact
Ströer Media AG
Dafne Sanac
Investor & Credit Relations Manager
Telephone: +49 (0) 2236 . 96 45-356
Email: [email protected]
End of Corporate News
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18.06.2014 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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Language: English
Company: Ströer Media AG
Ströer Allee 1
50999 Köln
Germany
Phone: +49 (0)2236.96 45 0
Fax: +49 (0)2236.96 45 299
E-mail: [email protected]
Internet: www.stroeer.de
ISIN: DE0007493991
WKN: 749399
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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274335 18.06.2014
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