DGAP-News: KPS AG / Key word(s): AGM/EGM KPS AG: 2016 Annual General Meeting recognises dynamic business performance and resolves increase in dividend to EUR 0.30 per share and issue of 'bonus shares' 18.04.2016 / 08:00 The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- KPS AG: 2016 Annual General Meeting recognises dynamic business performance and resolves increase in dividend to EUR 0.30 per share and issue of "bonus shares" Unterföhring/Munich, 18 April 2016 - The Annual General Meeting of KPS AG (ISIN: DE000A1A6V48), held in Munich on 15 April 2016, approved all resolutions proposed by the management by a large majority. In addition to a dividend payment of EUR 0.30 per share, it also resolved a capital increase from the company's own funds in order to issue "bonus shares". The shareholders of KPS AG's Annual General Meeting were very satisfied with the results for the 2014/2015 financial year. The shareholders approved the actions of the Executive Board and the Supervisory Board and followed all of the management's proposals with significant majorities. The Annual General Meeting resolved almost unanimously to increase the dividend to EUR 0.30 per share as compared to EUR 0.28 per share in the previous year, as proposed by the management. Overall, EUR 10,166,927.70 of the net profit for the 2014/2015 financial year in the amount of EUR 19,520,551.45 will be distributed to the shareholders of KPS AG today. In addition, the Annual General Meeting approved an increase in the company's share capital by way of converting capital reserves. As part of this measure, 3,401,100 new no-par-value registered shares will be issued, with each KPS shareholder receiving one new share for every ten existing shares. No contribution needs to be made by the shareholders in this context (bonus shares). Overall, the share capital will then increase to EUR 37,412,100, divided into 37,412,100 shares. Baker Tilly Roelfs AG Wirtschaftsprüfungsgesellschaft, Munich, was elected as the auditor of the annual and consolidated financial statements for the 2015/16 financial year. 81.07 percent of KPS AG's share capital was represented at the Annual General Meeting. In his report, Executive Board member Dietmar Müller reviewed the business performance in the past year and provided an outlook for KPS's future development. "As shown by the high pace of growth in the 2014/2015 financial year, we have achieved an outstanding position in the focus sectors of retail and the consumer goods industry and enjoy an excellent level of utilisation of our consulting capacity that is well above the industry average. Our corporate strategy focuses on further expansion of digital transformation consulting and process optimisation," emphasised Dietmar Müller. KPS has made a successful start to the new financial year, recording particularly strong momentum with new international projects in the first quarter of 2015/2016. At the Annual General Meeting, the Executive Board confirmed its forecast for the current financial year of a dynamic business development with an increase in sales to an anticipated EUR 140 million and improved operating earnings (EBIT) of EUR 22 million. The results of the votes held at the Annual General Meeting can be viewed at www.kps-consulting.com. Unterföhring, 18 April 2016 The Executive Board About KPS Consulting KPS is Europe's leading management consulting firm for business transformation and process implementation in the retail and wholesale industries. The company offers end-to-end strategy and process consulting, with long-standing implementation expertise in ERP, e-commerce and CRM. KPS customers profit from the vast project experience and deep sector knowledge of its consultants, enabling them to drive omnichannel and digital transformation projects in particular to rapid success. With its proprietary Rapid Transformation(R) methodology, KPS has cut project turnaround times by up to 50 percent and set new standards in efficiency and transparency. Founded in 2000, KPS employs about 700 consultants at its corporate headquarters in Munich with five additional locations throughout Germany and branch offices in Denmark, the Netherlands, Switzerland and the US. KPS plans to expand its market position in the retail and consumer goods sectors in the coming years through pioneering projects in all aspects of digital transformation. For more information, see www.kps-consulting.com. Important note: This notification contains forward-looking statements based on the assumptions and estimates of the corporate management of KPS AG. Although management is of the opinion that these assumptions and estimates are accurate, actual future developments and results may differ considerably from these assumptions and estimates due to a variety of factors. These factors may include things such as changes in the overall economic environment, exchange rates and interest rates as well as changes in both the market and the competitive environment. KPS AG provides no guarantee and accepts no liability for future developments and the actual results achieved in the future matching the assumptions and estimates expressed in this interim report. KPS AG Betastrasse 10H 85774 Unterföhring Telefon: +49 (0) 89 356 31-0 Telefax: +49 (0) 89 356 31-3300 E-Mail: [email protected] CROSS ALLIANCE communication GmbH Susan Hoffmeister Freihamerstrasse 2 82166 Gräfelfing/München Telefon: +49 (0) 89 898 272-27 E-Mail: [email protected] --------------------------------------------------------------------------- 18.04.2016 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. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: KPS AG Beta-Str. 10 h 85774 Unterföhring Germany Phone: +49 (0)89 356 31-0 Fax: +49 (0)89 356 31-3300 E-mail: [email protected] Internet: www.kps-consulting.com ISIN: DE000A1A6V48 WKN: A1A6V4 Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart End of News DGAP News Service --------------------------------------------------------------------------- 454943 18.04.2016