DGAP-Ad-hoc: INDUS Holding AG / Key word(s): AGM/EGM/Dividend
Disclosure of inside information pursuant to Article 17 of Regulation (EU) No. 596/2014
Key Words: Annual General Meeting / Dividend
INDUS Holding AG postpones Annual General Meeting
Proposed dividend of EUR 0.80 per share
Bergisch Gladbach, 26 March 2020 - Against the background of the spreading coronavirus, INDUS Holding AG postpones the Annual General Meeting originally scheduled for 20 May 2020. The Annual General Meeting will be rescheduled to a later date, presumably in August 2020. The exact date will be announced in due course.
The Board of Management and the Supervisory Board of INDUS Holding AG today decided to propose a dividend of EUR 0.80 (previous year: EUR 1.50) per eligible share to the Annual General Meeting. This is equivalent to a payout ratio of approximately 24.6% (previous year: 48.0%) of the distributable profit. The decision to reduce the dividend compared to the previous year was taken against the background of the uncertain impact of the coronavirus pandemic on the world economy and the company.
Julia Pschribülla & Dafne Sanac
INDUS Holding AG
Kölner Straße 32
51429 Bergisch Gladbach
Tel +49 (0) 022 04 / 40 00-66
Tel +49 (0) 022 04 / 40 00-32
26-March-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
|Company:||INDUS Holding AG|
|Kölner Straße 32|
|51429 Bergisch Gladbach|
|Phone:||+49 (0)2204 40 00-0|
|Fax:||+49 (0)2204 40 00-20|
|Listed:||Regulated Market in Dusseldorf, Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Vienna Stock Exchange|
|EQS News ID:||1008051|
|End of Announcement||DGAP News Service|
1008051 26-March-2020 CET/CEST