AUMANN AG (FRA:DE000A2D) Aumann AG: Aumann's Executive Board recommends suspension of dividend payment for 2019

Transparency directive : regulatory news

31/03/2020 22:13

DGAP-Ad-hoc: Aumann AG / Key word(s): Dividend
Aumann AG: Aumann's Executive Board recommends suspension of dividend payment for 2019

31-March-2020 / 22:13 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Beelen, 31 March 2020
 
Due to the latest development in the global COVID-19 pandemic, the Executive Board of Aumann AG ("Aumann", ISIN: DE000A2DAM03) decided today, to recommend the Annual General Meeting the suspension of the dividend payment for fiscal year 2019.

This decision does not stand for a change in Aumann's dividend policy. Rather, the recent drastic intensification of the COVID-19 pandemic led to this decision, as effects on existing supply chains as well as on procurement and sales markets are currently not assessable. By fully retaining the distributable profit, the Executive Board intends to strengthen Aumann's resilience to the challenges that lie ahead.

The Supervisory Board took notice of the Executive Board's decision in a consenting manner. Taking into account the further development of the COVID-19 pandemic, the Supervisory Board will timely consult with the Executive Board before the invitation to the Annual General Meeting will be published, to pass a resolution on the distribution of profits.


About Aumann AG

Aumann AG
Dieselstrasse 6
48361 Beelen
Germany
www.aumann.com

The Executive Board
Rolf Beckhoff (CEO)
Sebastian Roll (CFO)

The Supervisory Board
Gert-Maria Freimuth (Chairman)
Christoph Weigler
Dr. Christof Nesemeier 

Court of registration
Münster Local Court, register number: HRB 16399

For further information, please contact

Investor Relations
André Schütz
+49 2586 888 7807
ir@aumann.com

31-March-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: Aumann AG
Dieselstraße 6
48361 Beelen
Germany
Phone: +49 (0) 2586 888-7800
Fax: +49 (0) 2586 888-7805
E-mail: info@aumann.com
Internet: www.aumann.com
ISIN: DE000A2DAM03
WKN: A2DAM0
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1012299

 
End of Announcement DGAP News Service

1012299  31-March-2020 CET/CEST

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