17.05.2016
CropEnergies AG DE000A0LAUP1
DGAP-Adhoc: CropEnergies suggests dividend of EUR 0.15 per share - plant in Wilton to start trial run
CropEnergies AG / Key word(s): Dividend/Miscellaneous
17.05.2016 11:41
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------
Mannheim, 17 May 2016 - CropEnergies AG, Mannheim, will propose to the
annual general meeting on 12 July 2016 to once again pay a dividend to
reflect the significantly improved earnings situation of the past financial
year 2015/16 (1 March 2015 - 29 February 2016). Each share is to receive a
dividend of EUR 0.15 (previous year: EUR 0.00). The supervisory board has
approved of the executive board's suggestion in its meeting on 17 May 2016.
On a basis of the issued 87.25 million shares, this results in a total
dividend distribution of EUR 13.1 (previous year: EUR 0.0) million.
The CropEnergies executive board has decided to start up the bioethanol
plant in Wilton, UK, for a trial run starting in July 2016 at the latest.
The plant has been offline following a pause in production since February
2015. During this time, numerous technical modifications have been carried
out to improve the reliability and energy efficiency of the plant. These
improvements, following their completion, need to be fully tested in a
trial run.
It remains essential that EU Member States, in order to further decarbonize
the transport sector, to meet renewable targets in both Member States and
at a EU level and to protect local investments and jobs, continue to
increase their renewable blending obligations. In particular in the UK, an
early increase in the Renewable Transport Fuels Obligation (RTFO) and the
introduction of higher ethanol blends (i.e. E10) are very important if the
plant in Wilton is to operate on a permanent basis.
The full annual report for the financial year 2015/16 will be published on
18 May 2016.
CropEnergies AG
Ensuring mobility in a climate friendly way - today and in the future - is
CropEnergies' business. Founded in Mannheim, Germany, in 2006, the young
and dynamically growing member of the Südzucker Group is one of the leading
European manufacturers of sustainably produced bioethanol for the fuel
sector today. With its production capacities of 1.3 million cubic meters of
bioethanol per year, CropEnergies produces bioethanol which predominantly
replaces petrol in four modern production facilities in Germany, Belgium,
the UK, and France. The highly efficient production facilities reduce CO2
emissions by up to 70 percent across the whole value-added chain compared
to fossil fuel. With the production sites, the unique logistics network in
Europe as well as trading offices in the USA, Brazil, and Chile,
CropEnergies is one of the leading companies in a major emerging market.
At the same time, CropEnergies is an important producer of food and animal
feed products. The raw materials which are used such as cereals and sugar
beets are completely utilized. As a result, more than 1 million tonnes of
high-quality protein food and animal feed products are manufactured every
year out of the non-fermentable components of the raw materials.
Through advanced technology and innovation CropEnergies contributes to
ensure a sustainable mobility from renewable sources today and in the
future through its main product bioethanol: mobility - sustainable.
renewable.
The CropEnergies AG stock (ISIN DE000AOLAUP1) has been listed at the
regulated market (Prime Standard) at the Frankfurt Stock Exchange since
2006.
Contact:
Dr. Lilia Filipova-Neumann
Investor Relations
Tel.: +49 (621) 71 41 90-30
Fax: +49 (621) 71 41 90-03
[email protected]
Nadine Dejung
Public Relations / Marketing
Tel.: +49 (621) 71 41 90-65
Fax: +49 (621) 71 41 90-04
[email protected]
17.05.2016 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: CropEnergies AG
Maximilianstr. 10
68165 Mannheim
Germany
Phone: +49 (0)621-71 41 90 00
Fax: +49 (0)621-71 41 90 04
E-mail: [email protected]
Internet: www.cropenergies.com
ISIN: DE000A0LAUP1
WKN: A0LAUP
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart
End of Announcement DGAP News-Service
---------------------------------------------------------------------------
|
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu
CropEnergies AG ISIN: DE000A0LAUP1 können Sie bei EQS abrufen
Biokraftstoffe , A0LAUP , CE2 , HAM:CE2