Hornbach Holding AG / Key word(s): Dividend
27.05.2015 16:27
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Ad hoc disclosure of Hornbach Holding AG:
Dividend policy following the change of legal form announced
Neustadt an der Weinstrasse, May 27, 2015.
HORNBACH Management AG, which, in the course of the change of legal form of
the company into a German limited partnership by shares
(Kommanditgesellschaft auf Aktien - KGaA) proposed to the shareholders'
meeting, shall accede the company as general partner, informed us by
letter, dated May 27, 2015 and referring to the ad hoc disclosure of the
company dated May 22, 2015, about its intentions regarding the future
development of the dividend policy of Hornbach Holding Aktiengesellschaft
following the change of legal form and its accession as general partner,
quote: "The general partner, contingent on the change of legal form
entering into effect and subject to the performance of the business and the
principle of dividend continuity, intends, in principle, to plan for a
dividend in the amount of 30% of the consolidated net income after
non-controlling interests from financial year 2015/2016 onwards."
27.05.2015 The DGAP 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: Hornbach Holding AG
Le Quartier Hornbach 19
67433 Neustadt an der Weinstraße
Germany
Phone:
Fax:
E-mail:
Internet:
ISIN: DE0006083439
WKN: 608343
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart
End of Announcement DGAP News-Service
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