DGAP-News: KTG Energie AG becomes dividend stock

| Source: EQS Group AG
DGAP-News: KTG Energie AG / Key word(s): AGM/EGM
KTG Energie AG becomes dividend stock

19.06.2014 / 17:07


KTG Energie AG becomes dividend stock

- Shareholders' meeting decides on dividends of EUR.40 per share, dividend
yield of 3.2%

- Shareholders reward excellent business development with broad consensus
at the shareholders' meeting

Hamburg, June 19, 2014 - KTG Energie AG (ISIN: DE000A0HNG53) was able to
present impressive figures to the shareholders at this year's general
meeting. The biogas company was able to considerably increase sales and
earnings both in the past stub period of 2013 as well as in the first half
of 2013/2014 (November through April). The expansion target of 50 MW is
expected to be reached at the end of July 2014, one year earlier than
originally planned, meaning that around 500,000 people can be supplied with
base-loadable, carbon-neutral and sustainable energy from biogas. The
shareholders rewarded the sound business performance with a broad consensus
during the resolutions. All resolutions were passed with more than 99% of
the voting capital present. KTG Energie AG will therefore distribute its
first dividend of EUR0.40 per share just less than two years after becoming
listed on the stock market. Based on today's Xetra rate for the KTG Energie
share at EUR12.33 (10:00 a.m.), this corresponds to a dividend yield of
3.2%. For subsequent years, the Executive Board is also aiming for a
continuously increasing dividend.

"For our future growth, we want to utilize acquisition opportunities,
optimize existing plants and develop additional earnings by constructing
biogas plants, utilizing agricultural waste material and positioning
ourselves in the market for mobile heat", explains Dr. Thomas R. G. Berger,
CEO of KTG Energie AG. "These are growth opportunities that we can
implement despite the substantial cuts in the Renewable Energy Act. It's
incomprehensible for us that legislation does not recognize and
appropriately support the potential of a base-loadable, sustainable energy
source that could also reduce dependency on gas imports".

All resolutions met with broad consensus 

The Executive and Supervisory Boards were ratified by the shareholders'
meeting, each with 100% of the voting capital. The audit firm Morzynski &
Partner GmbH, Hannover, was elected as the annual auditor. The
shareholders' meeting also approved an anticipatory resolution for the
issue of convertible and/or warrant bonds or profit-sharing rights in the
amount of up to EUR75 million. If the Executive Board makes use of this
authorization, conversion or option privileges on shares at a pro rata
amount of up to EUR3 million on capital stock could be granted for these.
The shareholders' meeting consented to the creation of conditional capital
in the same amount to exercise these conversion and option privileges.

Successful business performance and positive outlook

In the stub period of 2013 (January through October), the biogas company
more than doubled sales to EUR50.9 million in comparison with the same
period in the previous year and increased the operative result (EBITDA) by
97% to EUR13.2 million. In the first half of 2013/2014 (November through
April) KTG Energie AG increased sales, after preliminary figures, by 38% to
EUR29.882 million in comparison with the same period in the previous year.
EBITDA rose by 34% to EUR8.5 million, while EBIT increased by 34% to EUR5.5
million. The Executive Board upgraded its forecast for the current fiscal
year, in view of the positive business trend in the first half-year, and is
now expecting sales of at least EUR65 million, an EBITDA of at least EUR18
million and an EBIT of at least EUR11.5 million.

About KTG Energie AG 

KTG Energie AG, based in Hamburg, is specialized in the production of
renewable energies from renewable raw materials. To this end, the company
has been operating biogas plants in Germany since 2006 and covers the
entire value added chain from the planning and construction to the
operation of the systems. Sales quantities are guaranteed through the
Renewable Energy Act (EEG) for a period of 20 years at fixed conditions.
Today, over a quarter of a million people are already supplied with clean,
environmentally-friendly energy. As a subsidiary of the agricultural
company KTG Agrar AG, the supply of renewable raw materials - particularly
catch crops, grass and straw - is guaranteed in the long term. KTG Energie
currently employs around 65 staff and has more than doubled sales volume in
the short fiscal year 2013 (January through October), in comparison with
the previous year, to EUR50.9 million and increased the operating result
(EBITDA) by 97% to EUR13.2 million. The company has been listed on the
Frankfurt Stock Exchange since 2012.

More information: www.ktg-energie.de

Investor Relations / Presse
Tobias M. Weitzel
BSK Becker+Schreiner Kommunikation GmbH 
Phone: +49 2154-81 22 16
E-mail: weitzel@kommunikation-bsk.de

End of Corporate News


19.06.2014 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.

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Language:    English                                                 
Company:     KTG Energie AG                                          
             Ferdinandstr. 12                                        
             20095 Hamburg                                           
Phone:       +49 40 76755372                                         
Fax:         +49 40 76755374                                         
E-mail:      info@ktg-energie.de                                     
Internet:    www.ktg-energie.de                                      
ISIN:        DE000A0HNG53, DE000A1ML257,                             
WKN:         A0HNG5, A1ML25                                          
Listed:      Freiverkehr in Berlin, Düsseldorf, München, Stuttgart;  
             Frankfurt in Open Market (Entry Standard)               
End of News    DGAP News-Service  
274443 19.06.2014