26.06.2018
Nabaltec AG DE000A0KPPR7
DGAP-News: Nabaltec AG: Nabaltec AG 2018 Annual Meeting in Amberg
DGAP-News: Nabaltec AG / Key word(s): AGM/EGM
Nabaltec AG: Nabaltec AG 2018 Annual Meeting in Amberg
26.06.2018 / 12:27
The issuer is solely responsible for the content of this announcement.
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Nabaltec AG 2018 Annual Meeting in Amberg
* Dividend adopted in the amount of EUR 0.18 per share
* Shareholders approve all agenda items up for a vote
Schwandorf/Amberg, 26 June 2018 - At Nabaltec AG's Annual Meeting in Amberg
today, the Management and Supervisory Boards once again received strong
shareholder support for the company's strategy and alignment. All of the
agenda items which were put to a vote were approved with large majorities.
In light of the company's success in Financial Year 2017, the shareholders
approved the joint recommendation from the Management and Supervisory Boards
with regard to the appropriation of earnings by a large majority.
Accordingly, the shareholders adopted a resolution to raise the dividend
from EUR 0.15 to EUR 0.18 per share, to be paid out on 29 June 2018. The
residual retained profit, in the amount of EUR 18,048,076.09, will be
carried forward to new account, and will therefore be retained by the
company to support its policy of sustained growth.
"I would like to thank our shareholders for their support of our strategy,
and particularly of the path we have taken in the US," said Johannes
Heckmann, CEO of Nabaltec AG. "We have been able to convert our former joint
venture in that country into a stand-alone solution and a wholly owned
subsidiary, and we are currently planning further growth in the US,
including extensive investments and a second production site. We believe in
the outstanding potential of our markets and the approval of our
shareholders will serve as additional motivation for us."
In addition to discharging the Management and Supervisory Boards, the
shareholders approved the election of an auditor for Financial Year 2018.
Note: The voting results at Nabaltec AG's 2018 Annual Meeting will be
available for download as of 27 June 2018 from the Investor Relations
section of www.nabaltec.de.
About Nabaltec AG:
Nabaltec AG, with registered office in Schwandorf, a chemicals business
which has received multiple awards for innovativeness, manufactures,
develops and distributes highly specialized products based on aluminum
hydroxide and aluminum oxide on an industrial scale through its two product
segments, "Functional Fillers" and "Specialty Alumina." The company's
product range includes halogen-free flame retardant fillers and functional
additives for the plastics industry. Flame retardant fillers are used e.g.
in cables in tunnels, airports, high-rise buildings and electronic devices,
while additives have applications in catalysis and in electric vehicles.
Nabaltec also produces specialty oxides for use in technical ceramics and
the refractory industry. Unlike halogenated flame retardants, flame
retardant fillers contain no hazardous substances and do not require
separate disposal. Rather, they actually decrease the development of fumes
hazardous to human health and the environment in the event of fire. Nabaltec
maintains production sites in Germany and the US and plans to continue to
develop its market position by expanding capacity, further optimizing
processes and quality and making strategic extensions to its product range.
On the strength of its specialty products, the company strives to attain the
market leadership in each segment.
Contact:
Heidi Wiendl-Schneller Frank Ostermair/Vera Müller
Nabaltec AG Better Orange IR & HV AG
Phone: 09431 53-202 Phone: 089 8896906-14
Fax: 09431 53-260 Fax: 089 8896906-66
E-mail: E-mail:
[email protected] [email protected]
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26.06.2018 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
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Language: English
Company: Nabaltec AG
Alustraße 50-52
92421 Schwandorf
Germany
Phone: +49 9431 53-0
Fax: +49 9431 53-260
E-mail: [email protected]
Internet: www.nabaltec.de
ISIN: DE000A0KPPR7, DE000A1EWL99
WKN: A0KPPR, A1EWL9
Indices: Scale 30
Listed: Regulated Unofficial Market in Berlin, Dusseldorf,
Frankfurt (Scale), Munich, Stuttgart, Tradegate Exchange
End of News DGAP News Service
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698593 26.06.2018
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