Wacker Construction Equipment AG / Dividend
10.04.2008
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------
(Munich, April 10, 2008)
A dividend payment totaling EUR 35,070,000.00 will be made to shareholders.
This amount will be taken from the Wacker Construction Equipment AG annual
net profit for fiscal 2007, which amounts to EUR 99,528,329.74.
During the past fiscal year, profit generated by Wacker Construction
Equipment AG totaled EUR 62,836,916.52. Wacker Construction Equipment AG
sold all treasury shares during the merger with Neuson Kramer Baumaschinen
AG, which meant that provisions for treasury shares had to be written back.
This resulted in an annual net profit of EUR 99,528,329.74.
Wacker Construction Equipment AG Executive and Supervisory Boards have
decided to propose the following resolution regarding appropriation of
annual net profit for fiscal 2007: The profit for fiscal 2007 in the amount
of EUR 99,528,329.74 shall be used to fund a dividend payment of EUR 0.27
plus a bonus of EUR 0.23 per eligible share. This brings the total to EUR
0.50 per eligible share. A total of EUR 64,458,329.74 shall be allocated to
revenue reserves. If this payment proposal is accepted, EUR 35,070,000.00
of the EUR 70,140,000.00 share capital qualified for dividends will be
utilized for dividend payments and bonuses. Last year the company paid out
EUR 0.62 for each of its 39.15 million eligible shares, which corresponds
to a total of EUR 24.273 million. EUR 949,441.91 was allocated to other
revenue reserves.
Disclaimer:
This publication constitutes neither an offer to sell nor an invitation to
buy securities.
This document does not constitute an offer of securities for sale or a
solicitation of an offer to purchase securities in the United States. The
shares in Wacker Construction Equipment AG (the 'Shares') may not be
offered or sold in the United States absent registration or an exemption
from registration under the U.S. Securities Act of 1933, as amended. We are
not intending to register any portion of the offering in the United States
or to conduct a public offering of the Shares in the United States.
This document is only being distributed to and is only directed at (i)
persons who are outside the United Kingdom or (ii) to investment
professionals falling within Article 19(5) of the Financial Services and
Markets Act 2000 (Financial Promotion) Order 2005 (the 'Order') or (iii)
high net worth entities, and other persons to whom it may lawfully be
communicated, falling within Article 49(2), (a) to (d) of the Order (all
such persons together being referred to as 'relevant persons').
Wacker Construction Equipment AG
Imre Szerdahelyi
Head of Corporate Communication
Preussenstr. 41
80809 Munich, Germany
Tel. + 49 - (0)89 - 354 02 - 251
E-mail: ir@eu.wackergroup.com
Internet: www.wackerneuson.com
10.04.2008 Financial News transmitted by DGAP
---------------------------------------------------------------------------
Language: English
Issuer: Wacker Construction Equipment AG
Preußenstr. 41
80809 München
Deutschland
Phone: +49 - (0)89 - 354 02 - 0
Fax: +49 - (0)89 - 354 02 - 390
E-mail: info@eu.wackergroup.com
Internet: www.wackergroup.com
ISIN: DE000WACK012
WKN: WACK01
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Hannover, Düsseldorf, Hamburg, München, Stuttgart
End of News DGAP News-Service
---------------------------------------------------------------------------