euro adhoc: Conergy AG
Dividend Announcements/Distribution
Conergy AG plans
dividend payment and stock split.
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
16.03.2006
Today the board of management at Conergy AG (ISIN DE 00060 40025) presented the supervisory board with an appropriation of earnings proposal for verification. According to this proposal a portion of the net profits from 2005 should be used to pay a dividend of EUR 0.30 per share on all of the 10 million shares that are entitled to a dividend. Furthermore, in view of the extraordinarily positive share price development of Conergy AG, the board of directors proposes that the annual general meeting agrees on a stock split. The stock split should be carried out to increase the capital stock of Conergy AG from corporate funds. These funds previously stood at EUR 10,000,000.00 and are to be increased by EUR 20,000,000.000 to EUR 30,000,000.00 by issuing 20,000,000 new individual share certificates with dividend entitlement from 1 January 2006 onwards. For every share acquired the shareholder will receive two additional shares at no extra cost.
end of announcement euro adhoc 16.03.2006 18:21:34
Further inquiry note:
Thorsten Vespermann
Tel.: +49 (0)40 237 102 171
E-Mail: t.vespermann@conergy.de
Branche: Energy
ISIN: DE0006040025
WKN: 604002
Index: TecDAX, Technologie All Share, CDAX, HDAX, Prime All Share,
Midcap Market Index
Börsen: Frankfurter Wertpapierbörse / official dealing/prime standard
Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Niedersächsische Börse zu Hannover / free trade