DEMIRE Deutsche Mittelstand Real Estate AG: Majority shareholders aim for the distribution of a substantial dividend for the financial year 2020
DEMIRE Deutsche Mittelstand Real Estate AG / Key word(s): Dividend DEMIRE Deutsche Mittelstand Real Estate AG: Majority shareholders aim for the distribution of a substantial dividend for the financial year 2020 Langen, 04 March 2021 - Today, DEMIRE Deutsche Mittelstand Real Estate AG (ISIN: DE000A0XFSF0) has received letters from its majority shareholders, AEPF III 15 S.à r.l. ("Apollo") and Wecken-Group. In these letters, the majority shareholders inform the Executive Board of the Company that, due to the uncertain investment climate and the still high level of liquidity - as already for the 2019 financial year - they are seeking the payment of a substantial dividend for the 2020 financial year in the amount of the accumulated profit. According to preliminary, still unaudited figures, the accumulated profit for 2020 amounts to approximately EUR 65 million. Apollo holds approximately 58.6% and the Wecken-Group approximately 32.1% of the voting rights in the Company. The Company assumes that the majority shareholders will exercise its voting rights at the Annual General Meeting in favour of such dividend payment. DEMIRE Deutsche Mittelstand Real Estate AG Contact: Michael Tegeder 04-March-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | DEMIRE Deutsche Mittelstand Real Estate AG |
Robert-Bosch-Straße 11 im 'the eleven' | |
63225 Langen (Hessen) | |
Germany | |
Phone: | +49 6103 37249-0 |
Fax: | +49 6103 37249-11 |
E-mail: | ir@demire.ag |
Internet: | www.demire.ag |
ISIN: | DE000A0XFSF0 |
WKN: | A0XFSF |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange |
EQS News ID: | 1173320 |
End of Announcement | DGAP News Service |