DGAP-News: GRENKELEASING AG / Key word(s): AGM/EGM
GRENKELEASING AG: GRENKE Annual General Meeting resolves dividend of
EUR 0.75 per share
10.05.2012 / 16:39
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GRENKE Annual General Meeting resolves dividend of EUR 0.75 per share
* GRENKE shareholders authorise dividend of EUR 0.75 per share
* Annual General Meeting approves all points of the agenda with a majority
* GRENKE Group fully on track in terms of earnings development for the year
2012
Baden-Baden, May 10, 2012: The shareholders of GRENKELEASING AG have
resolved the distribution of a dividend for fiscal year 2011 of EUR 0.75 per
share (previous year: EUR 0.70) at the Annual General Meeting at the
Baden-Baden Congress House. This corresponds to a total amount of EUR 10.3
million and will be paid on May 11, 2012.
The Annual General Meeting approved the actions of the members of the Board
of Directors and the Supervisory Board for 2011 fiscal year and approved all
items of the agenda with a majority.
In his speech, Chairman of the Board of Directors Wolfgang Grenke discussed
the successful development of the GRENKE Group in the past fiscal year: 'In
fiscal year 2011, we succeeded in taking the GRENKE Consolidated Group
profitability to a new dimension with a rise in profits of 41%. We have set
the course for the future and are convinced that the healthy performance of
the GRENKE Group will continue in future as well. We are already thinking
and planning beyond Europe. The Chairman was also confident as regards the
current fiscal year: 'At 24.5%, growth in new business met our expectations
in the opening quarter of 2012. Even at the start of the year, we have
already significantly exceeded our long-term target of increasing new
business by at least 10% each year. We are also fully on track in terms of
our forecasts for 2012 - expanding new business by around 15%.
Deputy Chairman of the Board of Directors Dr. Uwe Hack added: 'We will
systematically continue our successful path over the rest of the year and
continue to focus on those regional target markets that offer growth
prospects and an appropriate risk-reward ratio. The first quarter has
confirmed the success of this strategy. We are tapping new markets with the
same systematic approach. Our entries on the Turkish and Brazilian markets
are very promising, initial leases have already been concluded and the trend
is rising steadily.'
Around 220 shareholders took part in the Annual General Meeting. The
presence at the time of voting was 78.3%.
The company had invited a number of pupils to its Annual General Meeting:
one class from the Markgraf-Ludwig-Gymnasium in Baden-Baden - as part of the
company's ongoing programme to involve local schools - a class from the
Rastatt trade school and pupils from the Goethe Gymnasium in Gaggenau. The
winners of Sparkasse Baden-Baden Gaggenau's stock exchange planning game
were also invited guests.
The Board of Directors
Should you have any queries, please contact:
Renate Hauss
Phone: +49 7221 5007-204
Fax: +49 7221 5007-4218
E-mail: investor@grenke.de
Internet http://www.grenke.de; http://www.grenkeleasing.de,
http://www.grenkebank.de, http://www.grenkefactoring.de
The GRENKE Group
The GRENKE Group is a broadly diversified provider of financial services for
small and medium-sized companies and private customers.
The range of services offered by the GRENKE Group covers small-ticket IT
leasing and factoring and - through GRENKE Bank - traditional online banking
services.
The GRENKE Group is independent of vendors and banks and holds a leading
market position in Europe in the field of small-ticket IT leasing for
products such as PCs, notebooks, copiers, printers, or software of
relatively low asset value. The GRENKE Group operates in 24 countries and
employs more than 700 staff.
GRENKELEASING AG is listed in the Prime Standard of the Frankfurt Stock
Exchange and is included in the SDAX. GRENKELEASING AG shares are listed in
the SDAX on the Frankfurt Stock Exchange with the code GLJ, ISIN
DE0005865901.
Information on the GRENKE Group and its products is available on the
Internet at http://www.grenke.de, http://www.grenkeleasing.de,
http://www.grenkebank.de, and http://www.grenkefactoring.de.
End of Corporate News
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10.05.2012 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: GRENKELEASING AG
Neuer Markt 2
76532 Baden-Baden
Germany
Phone: +49 (0)7221 50 07-204
Fax: +49 (0)7221 50 07-112
E-mail: investor@grenke.de
Internet: www.grenke.de
ISIN: DE0005865901
WKN: 586590
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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169279 10.05.2012
DGAP-News: GRENKELEASING AG: GRENKE Annual General Meeting resolves dividend of EUR 0.75 per share
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