DGAP-News: UNIWHEELS AG: UNIWHEELS AG Annual General Meeting approved dividend of 1.65 EUR per share

DGAP-News: UNIWHEELS AG / Key word(s): Dividend
UNIWHEELS AG: UNIWHEELS AG Annual General Meeting approved dividend of 1.65
EUR per share

20.05.2016 / 10:30
The issuer is solely responsible for the content of this announcement.

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UNIWHEELS AG Annual General Meeting approved dividend of 1.65 EUR per share

  - Total dividend of EUR 20.5 mln implies to a 50% payout ratio

  - Construction works in plant 4 in Stalowa Wola completed

  - UNIWHEELS is currently examining further growth options

Bad Dürkheim, 20th May, 2016: The Management Board of Germany-based alloy
wheels manufacturer UNIWHEELS AG proposed a dividend of EUR 1.65 per share
at its first Annual General Meeting held on May 19th. The shareholders
approved the recommendation of the Management Board and Supervisory Board
by a large majority. According to German stock corporation law and
practice, the date of the AGM is the date when the right to the dividend is
determined and the dividend amount will be paid on the first working day
after the AGM, therefore the record date is May 19th, and dividend payment
day is set for May 20th.

The AGM decided to pay out EUR 20.5 mln as dividend, which implies to a
payout ratio of 50% of the consolidated net income in 2015 of EUR 40.7
million. This ratio is significantly above the average of the European
automobile industry.

The first Annual General Meeting after the IPO on the Warsaw Stock Exchange
in May 2015 was held at Trade Fair Tower (Messeturm) in Frankfurt am Main.

In the period between going public on Warsaw Stock Exchange on May 8th,
2015 and the end of 2015, the UNIWHEELS share price rose by 20%,
outperforming all German and Polish main indices. Market capitalization at
the end of 2015 reached EUR 368 mln.

UNIWHEELS is now finishing its investment in Stalowa Wola, which is fully
on schedule.

"At the moment all construction works in the factory hall are completed and
accepted. The newly developed casting machines and furnaces are a success
and are in production already. Full mechanical processing, including
cleaning automatic balancing and leak testing has been working in full
automatic mode. Works outside the hall are progressing rapidly. Apart from
construction works, scheduled staff hiring and training processes are
underway" - says Dr. Thomas Buchholz, UNIWHEELS AG CEO.

"Due to the ongoing high customer demand development, UNIWHEELS is
currently examining further growth options for the next periods after the
full commission of the new plant 4 in Stalowa Wola, Poland. For this
purpose, corresponding locations in the global growth markets of all
relevant customers in the automotive industry are under evaluation. A
decision for another plant location with an additional capacity of up to 2
million units will be made by the management and supervisory boards within
the next 12 months" - adds Dr. Thomas Buchholz.

About UNIWHEELS:

The UNIWHEELS Group is one of the leading manufacturers of aluminum wheels
for cars in Europe and is one of the few technology leaders worldwide in
the aluminum wheel industry.

UNIWHEELS is Europe's third largest manufacturer of wheels supplying OEMs
in the automobile industry and is the leading producer of alloy wheels for
the aftermarket in Europe. The group's most well-known proprietary brands
are ATS, RIAL, ALUTEC and ANZIO. Currently the group has three production
plants of which two are in Poland (Stalowa Wola) and one in Germany
(Werdohl). The new plant (No. 4) will go into operation in the middle of
the year and increase the group's maximum annual production capacity by
roughly 2 million wheels.

UNIWHEELS sees itself as one of the leading partners of the automotive
industry for the optimum reduction of CO2 emissions by reducing the weight
of alloy wheels. As well as weight-optimized construction methods, the
following procedures are primarily used: Flow Forming, Lightforming,
undercutting and forgecut.

In 2015 UNIWHEELS Group had with a sales volume of 7.8 million wheels EUR
436.5 million of revenues and an EBITDA of EUR 58.7 million. 2,539
employees worked for the Group.

Since 2015, UNIWHEELS AG is publicly listed on Main Market of Warsaw Stock
Exchange. The UNIWHEELS stock is floated under security identification
number A13STW, ISIN DE000A13STW4 and ticker symbol UNW.

For more information please contact:

Oliver Madsen
Head of Investor Relations
Email: o.madsen@de.uniwheels.com
UNIWHEELS AG
Gustav-Kirchhoff-Str. 10
67098 Bad Dürkheim
Germany


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20.05.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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465309 20.05.2016