DGAP-Adhoc: Aumann AG: Aumann's Executive Board recommends suspension of dividend payment for 2019
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DGAP-Ad-hoc: Aumann AG / Key word(s): Dividend
Beelen, 31 March 2020
Due to the latest development in the global COVID-19 pandemic, the Executive Board of Aumann AG ("Aumann", ISIN: DE000A2DAM03) decided today, to recommend the Annual General Meeting the suspension of the dividend payment for fiscal year 2019.
This decision does not stand for a change in Aumann's dividend policy. Rather, the recent drastic intensification of the COVID-19 pandemic led to this decision, as effects on existing supply chains as well as on procurement and sales markets are currently not assessable. By fully retaining the distributable profit, the Executive Board intends to strengthen Aumann's resilience to the challenges that lie ahead. The Supervisory Board took notice of the Executive Board's decision in a consenting manner. Taking into account the further development of the COVID-19 pandemic, the Supervisory Board will timely consult with the Executive Board before the invitation to the Annual General Meeting will be published, to pass a resolution on the distribution of profits. About Aumann AG Aumann AG Dieselstrasse 6 48361 Beelen Germany www.aumann.com The Executive Board Rolf Beckhoff (CEO) Sebastian Roll (CFO) The Supervisory Board Gert-Maria Freimuth (Chairman) Christoph Weigler Dr. Christof Nesemeier Court of registration Münster Local Court, register number: HRB 16399 For further information, please contact Investor Relations André Schütz +49 2586 888 7807 [email protected]
31-March-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | Aumann AG |
| Dieselstraße 6 | |
| 48361 Beelen | |
| Germany | |
| Phone: | +49 (0) 2586 888-7800 |
| Fax: | +49 (0) 2586 888-7805 |
| E-mail: | [email protected] |
| Internet: | www.aumann.com |
| ISIN: | DE000A2DAM03 |
| WKN: | A2DAM0 |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1012299 |
| End of Announcement | DGAP News Service |
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1012299 31-March-2020 CET/CEST
Aumann AG Stock
€17.28
-1.710%
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