DGAP-News: Aareal Bank AG / Key word(s): Dividend/AGM/EGM
Aareal Bank AG: Annual General Meeting of Aareal Bank resolves to pay a
dividend of EUR 1.65 per share for the 2015 financial year
25.05.2016 / 15:45
The issuer is solely responsible for the content of this announcement.
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Annual General Meeting of Aareal Bank resolves to pay a dividend of EUR
1.65 per share for the 2015 financial year
Wiesbaden, 25 May 2016 - At today's Annual General Meeting, the
shareholders of Aareal Bank AG approved the distribution of a dividend of
EUR1.65 per share for the 2015 financial year. In comparison to the
previous year, the dividend per share thus increased by 37.5 per cent
(2015: EUR 1.20 per share). The payout ratio - in relation to the earnings
per ordinary share (EPS), adjusted for negative goodwill from the
acquisition of Westdeutsche ImmobilienBank AG (WestImmo) - is 52 per cent
and therefore fully in line with the Company's communicated dividend
policy. The corresponding resolution proposed by the Management Board and
the Supervisory Board was adopted with a majority of 99,95 per cent of the
shareholders. Shareholders also adopted the other proposed resolutions with
a large majority.
Hermann J. Merkens, Chairman of the Management Board, presented a confident
outlook on Aareal Bank Group's business development in the current year to
the shareholders: "Our successful first-quarter performance shows that we
are also making good progress this year. We remain optimistic that we will
achieve our targets for 2016, even though the business environment will not
change fundamentally - in fact, it will remain challenging."
Aareal Bank Group
Aareal Bank Group, headquartered in Wiesbaden, Germany, is one of the
leading international property specialists. It is active across three
continents - in Europe, North America and Asia. Aareal Bank AG, whose
shares are included in Deutsche Börse's MDAX index, is the Group's parent
entity. It manages the various entities organised in the Group's two
business segments: Structured Property Financing and Consulting /Services.
The Structured Property Financing segment encompasses all of Aareal Bank
Group's property financing and funding activities. In this segment, the
Bank facilitates property investment projects for its domestic and
international clients, within the framework of a three-continent strategy
covering Europe, North America and Asia. In the Consulting/Services
segment, Aareal Bank Group offers clients - particularly from the housing
industry and the commercial property sector - services and products for
managing residential property portfolios and processing payment flows.
Contact:
Aareal Bank AG
Corporate Communications
Sven Korndörffer
Phone: +49 611 348 2306
sven.korndoerffer@aareal-bank.com
Christian Feldbrügge
Phone: +49 611 348 2280
christian.feldbruegge@aareal-bank.com
Jorge Person
Phone: +49 611 348 3217
jorge.person@aareal-bank.com
Alessandro Schwarz
Phone: +49 611 348 2923
alessandro.schwarz@aareal-bank.com
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25.05.2016 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.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: Aareal Bank AG
Paulinenstr. 15
65189 Wiesbaden
Germany
Phone: +49 (0)611 348 - 0
Fax: +49 (0)611 348 - 2332
E-mail: aareal@aareal-bank.com
Internet: www.aareal-bank.com
ISIN: DE0005408116
WKN: 540811
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart; Terminbörse EUREX; Stockholm
End of News DGAP News Service
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466649 25.05.2016
DGAP-News: Aareal Bank AG: Annual General Meeting of Aareal Bank resolves to pay a dividend of EUR 1.65 per share for the 2015 financial year
| Source: EQS Group AG