15.06.2020 ENCAVIS AG  DE0006095003

DGAP-News: ENCAVIS AG: Significant majority of Encavis' shareholders (61.5) prefer new Encavis shares to cash dividend


 

DGAP-News: ENCAVIS AG / Key word(s): Dividend/Capital Increase
ENCAVIS AG: Significant majority of Encavis' shareholders (61.5) prefer new Encavis shares to cash dividend

15.06.2020 / 07:05
The issuer is solely responsible for the content of this announcement.


Corporate News

Significant majority of Encavis' shareholders (61.5) prefer new Encavis shares to cash dividend

Hamburg, June 15, 2020 - The significant majority of shareholders in Encavis AG (ISIN: DE0006095003, Prime Standard), the SDAX-listed, Hamburg-based solar and wind park operator, decided to receive new shares instead of a cash dividend, with 61.5 per cent opting for the new shares. A total of 1,398,087 new shares will therefore be issued and a cash dividend of EUR 20,467,924.71 distributed to shareholders. After the registration in the Commercial Register, 138,437,234 Encavis AG shares will be listed on the stock exchange. The scrip dividend offered for the past fiscal year 2019 already represented the seventh time in a row that the company has offered this option. Shareholders were given the choice of whether they would like to receive a cash dividend of EUR 0.26 per share, new shares at a ratio of 60.25 to 1 (shareholders receive one new share for each 60.25 shares they hold) or a combination of the two options.

"We are very pleased that the significant majority of our shareholders opted for the share dividend - a strong sign of confidence in the potential of our profitable growth strategy, which at the same time keeps liquidity within the company for further investments. Of course, we will continue to let our shareholders participate in Encavis AG's ongoing success story. As already announced in March 2017, we intend to pay a dividend of EUR 0.30 per share for fiscal 2021. With the scrip dividend, we continue to grant our shareholders the maximum flexibility in the years ahead," says Dr Christoph Husmann, CFO of Encavis AG, welcoming the again increased rate of acceptance compared to previous year (54.4 %) for the share dividend.

The payment of the cash dividend amounting to EUR 0.26 per dividend-entitled share is expected to be made by the custodian bank on June 16, 2020. The new shares are scheduled to be booked to the shareholders' securities accounts and will be traded initially on June 24.


About ENCAVIS:
Encavis AG (Prime Standard; ISIN: DE0006095003 / WKN: 609500) is a producer of electricity from renewable sources listed on the SDAX of Deutsche Börse AG. As one of the leading independent power generators (IPPs), Encavis acquires and operates solar parks and (onshore) wind farms in ten European countries. The plants for sustainable energy generation generate stable yields through guaranteed feed-in tariffs (FIT) or long-term power purchase agreements (PPA). Within the Encavis Group, Encavis Asset Management AG specializes in the area of institutional investors.

Encavis AG's environmental, social and governance performance was evaluated by ISS-oekom, one of the world's leading ESG research and rating agencies and received the ISS-oekom Prime label.

Further information on the Company can be found at www.encavis.com

Contact:
Encavis AG

Jörg Peters
Head of Investor Relations & Public Relations
------------------------------------------------------------
Große Elbstraße 59
22767 Hamburg

Fon: + 49 40 37 85 62-242
Fax: + 49 40 37 85 62-129
e-mail: [email protected]
http://www.encavis.com
Twitter: https://twitter.com/encavis


15.06.2020 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.
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Language: English
Company: ENCAVIS AG
Große Elbstraße 59
22767 Hamburg
Germany
Phone: +49 4037 85 62 -0
Fax: +49 4037 85 62 -129
E-mail: [email protected]
Internet: www.encavis.com
ISIN: DE0006095003
WKN: 609500
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Hamburg; Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1069445

 
End of News DGAP News Service

1069445  15.06.2020 

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Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 222,43 248,79 273,82 292,30 332,70 487,34 469,64
EBITDA1,2 166,77 186,89 217,63 224,82 256,40 376,50 332,67
EBITDA-Marge3 74,98 75,12 79,48 76,91 77,07 77,26
EBIT1,4 100,39 113,68 132,23 132,16 149,05 161,87 163,07
EBIT-Marge5 45,13 45,69 48,29 45,21 44,80 33,22 34,72
Jahresüberschuss1 39,96 47,04 63,45 68,29 77,00 83,60 58,73
Netto-Marge6 17,97 18,91 23,17 23,36 23,14 17,15 12,51
Cashflow1,7 153,04 174,28 189,32 212,95 251,94 327,24 234,88
Ergebnis je Aktie8 0,29 0,31 0,43 0,43 0,52 0,48 0,33
Dividende8 0,20 0,24 0,26 0,28 0,30 0,00 0,13
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2023 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: PricewaterhouseCoopers

INVESTOR-INFORMATIONEN
©boersengefluester.de
Encavis
WKN Kurs in € Einschätzung Börsenwert in Mio. €
609500 16,855 Halten 2.714,16
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
37,46 35,15 1,07 47,63
KBV KCV KUV EV/EBITDA
2,91 11,56 5,78 12,56
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,00 0,00 0,00 05.06.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
15.05.2024 15.08.2024 13.11.2024 26.03.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
24,82% 22,83% 8,11% 11,33%
    
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Solar-/Windparks , 609500 , ECV , XETR:ECV