CropEnergies AG / Key word(s): Dividend/Change of Personnel
07.05.2012 17:00
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Mannheim, 7 May 2012 - CropEnergies AG, Mannheim, will propose to the annual
general meeting on 17 July 2012 an increased dividend of EUR 0.18 (previous
year: 0.15) per share. This was decided at the supervisory board's meeting
on 7 May 2012 upon the executive board's recommendation. The recommendation
provides for the considerable increase in earnings in the financial year
2011/12. Based on 85.0 million shares issued, this represents a total
dividend payout of EUR 15.3 (previous year: 12.8) million.
Furthermore, the supervisory board decided to appoint Dr. Marten Keil (42)
to CropEnergies' executive board effective 17 July 2012, after adjournment
of the annual general meeting. He will succeed Dr. Lutz Guderjahn (46) who
will switch to the executive board of Südzucker AG Mannheim/Ochsenfurt,
Mannheim, at the same time. Keil joined Südzucker in 2001 and was a member
of the core team establishing the bioethanol division from 2005 on. Since
the initial public offering (IPO) in September 2006, Keil has been
responsible for business development as well as for marketing and public
relations at CropEnergies.
The complete annual report 2011/12 will be published on the website
www.cropenergies.com at 10 am on 8 May 2012.
CropEnergies AG
Ensuring mobility in a climate friendly way - today and in the future - is
CropEnergies' business. Founded in Mannheim, Germany, in 2006, the young and
dynamically growing member of the Südzucker Group is one of the leading
European manufacturers of sustainably produced bioethanol for the fuel
sector today. With its three modern production facilities in Germany,
Belgium, and France as well as trading offices in the USA and Brazil,
CropEnergies produces approximately 700,000 cubic meters of bioethanol per
year. They mainly replace petrol and reduce CO2 emissions by up to 70
percent. With this, CropEnergies has established itself successfully as a
bioethanol pioneer in a major emerging market.
In addition to the efficient production of bioethanol, CropEnergies is
mainly characterized by the innovative co-product concept: The raw materials
which are used such as cereals and sugar beets are completely utilized. As a
result, 500,000 tonnes of high-quality protein food and animal feed products
are manufactured every year out of the non-fermentable components of the raw
materials.
Through advanced technology and innovation CropEnergies contributes to
ensure a sustainable mobility from renewable sources today and in the future
through its main product bioethanol: mobility - sustainable. renewable.
The CropEnergies AG stock (ISIN DE000AOLAUP1) has been listed at the
regulated market (Prime Standard) at the Frankfurt Stock Exchange since
2006.
Contact:
Heike Baumbach
Investor Relations
Tel.: +49 (621) 71 41 90-30
Fax: +49 (621) 71 41 90-03
ir@cropenergies.de
Nadine Dejung
Public Relations / Marketing
Tel.: +49 (621) 71 41 90-65
Fax: +49 (621) 71 41 90-04
presse@cropenergies.de
07.05.2012 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: CropEnergies AG
Gottlieb-Daimler-Str. 12
68165 Mannheim
Germany
Phone: +49 (0)621-71 41 90 00
Fax: +49 (0)621-71 41 90 04
E-mail: info@cropenergies.de
Internet: www.cropenergies.com
ISIN: DE000A0LAUP1
WKN: A0LAUP
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München, Stuttgart
End of Announcement DGAP News-Service
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DGAP-Adhoc: CropEnergies Raises Dividend and Appoints New Member of Executive Board
| Source: EQS Group AG