16.05.2018
Accentro Real Estate AG DE000A0KFKB3
DGAP-News: Annual General Meeting of ACCENTRO Real Estate AG passes resolution to increase the dividend to EUR 0.17 per share
DGAP-News: Accentro Real Estate AG / Key word(s): AGM/EGM/Real Estate
Annual General Meeting of ACCENTRO Real Estate AG passes resolution to
increase the dividend to EUR 0.17 per share
16.05.2018 / 08:00
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------
Press release
Annual General Meeting of ACCENTRO Real Estate AG passes resolution to
increase the dividend to EUR 0.17 per share
- Significant increase in total dividend payout to EUR 5.1 million (previous
year: EUR 3.7 million)
- All proposed resolutions were approved by a large majority
Berlin, 16 May 2018 - The Annual General Meeting of ACCENTRO Real Estate AG,
market leader in residential privatisation (WKN: A0KFKB, ISIN:
DE000A0KFKB3), Berlin, has approved payment of a dividend of EUR 0.17 per
dividend-bearing share by a large majority (previous year: EUR 0.15). This
means that the company is paying out over EUR 5.1 million. This is a
significant increase of nearly 40% (previous year: EUR 3.7 million). The
payout ratio of 25% is also higher than last year (previous year: 14%). The
dividend yield amounts to 2.0% based on the 2017 closing share price.
This higher dividend reflects the success of 2017 as well as a promising
business development in the first quarter of 2018. Following this favourable
start to the year, the Management Board is expecting significant
double-digit percentage growth in sales and an increase of EBIT in the range
of EUR 37 million to EUR 40 million for the full year.
Jacopo Mingazzini, CEO of ACCENTRO Real Estate AG, said,
"Last year, we paid out a dividend for the first time, and due to our strong
business development we have already been able to increase this. We want our
shareholders to continue to participate in ACCENTRO's successful development
through continuing dividends."
In all, 95.64% of the voting nominal capital was represented at this year's
Annual General Meeting. A large majority ratified the Management and
Supervisory Board members' actions, and all other agenda items were
approved. The election of Natig Ganiyev, Managing Director of Vestigo
Capital Advisors LLP, to the Supervisory Board, the creation of new
authorised capital and the authorisation to issue bonds with or without
conversion or subscription rights were among the resolutions passed.
About ACCENTRO Real Estate AG
ACCENTRO Real Estate AG, listed on the stock exchange, is a market leader in
residential privatisation in Germany. ACCENTRO generates additional revenues
through portfolio sales and marketing apartments for institutional investors
and project developers. In addition to its home market of Berlin, the
company concentrates on metropolitan regions such as Hamburg, Cologne,
Dusseldorf, Rhine-Main region, Leipzig, Hanover or Bonn. ACCENTRO Real
Estate AG is listed in the Prime Standard of the Frankfurt Stock Exchange
(WKN: A0KFKB, ISIN: DE000A0KFKB3). Further information can be found here:
www.accentro.ag
Contact Investor Relations
Nicole Birth
ACCENTRO Real Estate AG
Uhlandstr. 165
10719 Berlin
Germany
E-Mail: [email protected]
Tel. +49 (0)30 - 887 181 10
Fax +49 (0)30 - 887 181 11
Contact Press
Jan Hutterer
Kirchhoff Consult AG
Borselstraße 20
22765 Hamburg
Germany
Tel. +49 (0)40 - 609 186 65
Fax +49 (0)40 - 609 186 60
---------------------------------------------------------------------------
16.05.2018 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.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: Accentro Real Estate AG
Uhlandstr. 165
10719 Berlin
Germany
Phone: +49 (0)30 - 887 181 - 0
Fax: +49 (0)30 - 887 181 - 11
E-mail: [email protected]
Internet: www.accentro.ag
ISIN: DE000A0KFKB3
WKN: A0KFKB
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart, Tradegate Exchange
End of News DGAP News Service
---------------------------------------------------------------------------
686391 16.05.2018
|
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu
Accentro Real Estate AG ISIN: DE000A0KFKB3 können Sie bei EQS abrufen
Immobilien (Wohn) , A0KFKB , A4Y , XETR:A4Y