JoWooD Productions Software AG
euro adhoc: JoWooD Productions Software AG
Annual & Special Corporate Meetings
Annual Shareholders Meeting lays solid foundation for the ongoing restructuring plan (E)
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
At today's annual general shareholders' meeting of JoWooD Productions Software AG, all essential proposed resolutions on the agenda were approved.
These included an authorization to increase the share-capital by a further 5 million new shares.
Due to the ongoing restructuring process and the losses announced for 2002, it was agreed that no dividends will be issued for year ending 2002.
The meeting accepted the resignation of Dr. Torger Christian Wolff (Chairman) and Dr. Thomas Huber (Member) of the Supervisory Board. Dr. Leopold Gartler has been appointed to the Supervisory Board as a member. Dr. Gartler is currently a General Manager of a Consultancy Company in Austria, and has seats on various other Supervisory Boards.
Optimistic outlook for 2003 based on attractive releases
Andreas Tobler (Management Board JoWooD) announced at the shareholders meeting, JoWooD expects to successfully implement the remaining of the restructuring plan during the financial year 2003.
After an excellent start to the current financial year with Gothic 2, the remaining quarters will see promising releases. A total of some 14 new releases are scheduled for 2003.
end of announcement euro adhoc 26.03.2003
Further inquiry note:
JoWooD Productions Software AG Dr. Michael Pistauer, Member of the Management Board Karin
Kraberger, Investor Relations Manager Tel.: +43 (0)3614 2966 1015 mailo:investor@jowood.com
http://www.jowood.com
Branche: Software
ISIN: AT0000747357
WKN: 074735
Index: ATX Prime, ViDX, WBI
Börsen: Baden-Württembergische Wertpapierbörse / free trade
Bayerische Börse / free trade
Berliner Wertpapierbörse / free trade
Frankfurter Wertpapierbörse / free trade
Wiener Börse AG / official dealing