EANS-Adhoc: Balda plans additional special dividend of EUR 88 million (with
document)
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ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
adhoc with the aim of a Europe-wide distribution. The issuer is solely
responsible for the content of this announcement.
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Dividend Announcements/Distribution/Dividend
14.03.2013
Bad Oeynhausen, 14 March 2013 - The Supervisory Board of Balda AG, an
international manufacturer of plastics products for various industrial
applications, today voted to approve the Management Board's plan to pay a
special dividend of EUR 1.50 per share for the current financial year 2012/2013
(reporting date: 30 June). Assuming that the Annual General Meeting votes in
favor, EUR 88.3 million would be distributed this autumn. This corresponds to
nearly the full proceeds of EUR 89.2 million (final amount after translation of
proceeds into euros) from the sale in January of the Balda Group's remaining
two-percent stake in touch screen manufacturer TPK Holding. In the 2012 calendar
year, Balda AG distributed two special dividends totaling EUR 3.30 per share.
Even after payment of the planned additional special dividend, the Group's
liquidity will be sufficient to continue pursuing the growth strategy initiated
in 2012.
Attachments with Announcement:
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http://resources.euroadhoc.com/us/pBJK3bf0http://resources.euroadhoc.com/us/DKygPB0p
Further inquiry note:
Contact:
Frank Elsner
Frank Elsner Kommunikation für Unternehmen GmbH
Tel.: +49 - 54 04 - 91 92 0
Fax: +49 - 54 04 - 91 92 29
Mail: office@elsner-kommunikation.de
end of announcement euro adhoc
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Attachments with Announcement:
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http://resources.euroadhoc.com/us/pBJK3bf0http://resources.euroadhoc.com/us/DKygPB0p
issuer: Balda Aktiengesellschaft
Bergkirchener Str. 228
D-32549 Bad Oeynhausen
phone: +49 (0) 5734 9 22-0
FAX: +49 (0) 5734 922-2604
mail: info@balda.de
WWW: http://www.balda.de
sector: Semiconductors & active components
ISIN: DE0005215107
indexes: SDAX, Prime All Share
stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart,
regulated dealing/prime standard: Frankfurt
language: English