DGAP-News: GRENKELEASING AG / Key word(s): Capital Increase GRENKELEASING AG: For the first time, GRENKE plans to offer its shareholders a choice in the type of dividend 28.02.2014 / 15:09 --------------------------------------------------------------------- Not for distribution or release in or into the United States of America, Australia, Canada or Japan, or in any other jurisdiction in which offers or sales would be prohibited by applicable law. For the first time, GRENKE plans to offer its shareholders a choice in the type of dividend - The dividend may either be paid in cash or be paid as a combination of cash and shares of the Company (scrip dividend) - The issuance of new shares from existing authorised capital is planned - Scrip dividend is seen as an attractive and innovative opportunity for GRENKE's shareholders to increase their commitment to the Company Baden-Baden, February 28, 2014: For the first time, GRENKE plans to offer its shareholders the option of receiving the dividend entirely in cash or as a combination of cash and shares in GRENKELEASING AG (scrip dividend). In view of the favourable development of 2013 and the Company's positive outlook, the Board of Directors and the Supervisory Board will propose a dividend of EUR 1.00 per share for the 2013 fiscal year to the Annual General Meeting of GRENKELEASING AG on April 10, 2014. This represents a distribution of EUR 14.7 million. "For the first time, GRENKE's shareholders have the choice of receiving part of their dividend in the form of additional shares in GRENKE. This gives shareholders an opportunity to increase their commitment to GRENKE. Through the re-investment of the dividend in the Company, shareholders can strengthen the financial position and equity base of the GRENKE Consolidated Group and support its growth strategy", commented Wolfgang Grenke, Chairman of the Board of Directors of GRENKELEASING AG. "We are offering a 2% discount on the market price of the shares determined to those GRENKE shareholders who choose to receive the scrip dividend. The subscription price is expected to be announced on our website, among others, on April 25, 2014", explained Jörg Eicker, Chief Financial Officer (CFO) of GRENKELEASING AG. In order to create the necessary number of new shares of GRENKELEASING AG, which are to serve as the underlying shares for the scrip dividend, the authorised capital already in existence will be utilised and a capital increase for contribution in kind with shareholders' subscription rights is to be resolved following the Annual General Meeting of GRENKELEASING AG. The subscription offer for purchasing the new shares is expected to be published on April 11, 2014. Following the notification, GRENKE shareholders may decide whether or not they would like to receive the scrip dividend in the period from April 11, 2014 to April 28, 2014. Shareholders who would not like to receive the scrip dividend, or who take no action, are expected to receive the customary cash dividend on May 6, 2014. Delivery of the new shares is planned on May 8, 2014. Scrip dividend - relevant information All information relevant to the scrip dividend may be found on the GRENKELEASING AG website at www.grenke.de/scrip-dividend. For further information please contact: Renate Hauss Phone: +49 7221 5007-204 Fax: +49 7221 5007-4218 E-mail: investor@grenke.de The GRENKE Group The GRENKE Group is a broadly diversified provider of IT-based services in Leasing, Banking and Factoring for small and medium-sized companies and private customers. The range of services offered by the GRENKE Group covers small-ticket IT leasing and factoring and - through GRENKE Bank - traditional online banking services. The GRENKE Group is independent of vendors and banks and holds a leading market position in Europe in the field of small-ticket IT leasing for products such as PCs, notebooks, copiers, printers, or software of relatively low asset value. The GRENKE Group operates in 27 countries and employs more than 800 staff. GRENKELEASING AG is listed in the Prime Standard of the Frankfurt Stock Exchange and is included in the SDAX. GRENKELEASING AG shares are listed in the SDAX on the Frankfurt Stock Exchange with the code GLJ, ISIN DE0005865901. Information on the GRENKE Group and its products is available on the Internet at http://www.grenke.de. This document is not for publication or distribution, directly or indirectly, in or into the United States. This document does not constitute or form part of an offer of securities or subscription rights for sale or solicitation of an offer to purchase securities or subscription rights in the United States, Canada, Australia, Japan or in any other jurisdiction where such offer may be restricted. The securities and subscription rights referred to in this document have not been, and will not be, registered under the US Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States or to or for the account or benefit of US persons (as such term is defined in Regulation S under the Securities Act), except on the basis of an applicable exemption from registration or in a transaction not subject to the registration requirements of the Securities Act. There will be no public offering of securities and subscription rights in the United States or anywhere else, except for Germany. End of Corporate News --------------------------------------------------------------------- 28.02.2014 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: GRENKELEASING AG Neuer Markt 2 76532 Baden-Baden Germany Phone: +49 (0)7221 50 07-204 Fax: +49 (0)7221 50 07-4218 E-mail: investor@grenke.de Internet: www.grenke.de ISIN: DE0005865901 WKN: 586590 Indices: SDAX Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 255149 28.02.2014