DGAP-News: CropEnergies increases dividend
(firmenpresse) - DGAP-News: CropEnergies AG / Key word(s): AGM/EGM/Dividend
CropEnergies increases dividend
30.07.2013 / 15:11
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Mannheim, 30 July 2013 - At the annual general meeting of CropEnergies AG,
Mannheim, on 30 July 2013, shareholders approved by a large majority the
proposal of the supervisory board and the executive board to increase the
dividend to EUR 0.26 (previous year: EUR 0.18) per share entitled to
dividend. This includes an additional distribution of EUR 0.06, which
accommodates to the particularly good earnings situation in the 2012/13
financial year. Hence, the total dividend payout amounts to EUR 22.1
(previous year: 15.3) million. All other agenda items were also adopted by
a majority of more than 99 percent. Around 800 shareholders and guests
attended the annual general meeting in the Congress Center Rosengarten in
Mannheim. Overall, 81.26 percent of the share capital was represented.
Shareholders were particularly interested in CropEnergies' current major
projects which will continue the expansion of the company: On 19 July 2013,
CropEnergies acquired the UK bioethanol producer Ensus Limited. The
purchase was carried out by a contribution in kind in return for the
issuance of 2.25 million new CropEnergies shares corresponding to a total
value of EUR 13.5 million. With this acquisition, CropEnergies increases
production capacity by 50 percent. Furthermore, CropEnergies is building a
processing plant for neutral alcohol with an investment volume of EUR 27
million in Zeitz.
CropEnergies AG
Ensuring mobility in a climate friendly way - today and in the future - is
CropEnergies' business. Founded in Mannheim, Germany, in 2006, the young
and dynamically growing member of the Südzucker Group is one of the leading
European manufacturers of sustainably produced bioethanol for the fuel
sector today. With its three modern production facilities in Germany,
Belgium, and France as well as trading offices in the USA and Brazil,
CropEnergies produces approximately 700,000 cubic meters of bioethanol per
year. They mainly replace petrol and reduce CO2 emissions by up to 70
percent. With this, CropEnergies has established itself successfully as a
bioethanol pioneer in a major emerging market.
At the same time, CropEnergies is a major producer of food and animal feed
products. The raw materials which are used such as cereals and sugar beets
are completely utilized. As a result, 500,000 tonnes of high-quality
protein food and animal feed products are manufactured every year out of
the non-fermentable components of the raw materials.
Through advanced technology and innovation CropEnergies contributes to
ensure a sustainable mobility from renewable sources today and in the
future through its main product bioethanol: mobility - sustainable.
renewable.
The CropEnergies AG stock (ISIN DE000AOLAUP1) has been listed at the
regulated market (Prime Standard) at the Frankfurt Stock Exchange since
2006.
Contact:
Heike Baumbach
Investor Relations
Tel.: +49 (621) 71 41 90-30
Fax: +49 (621) 71 41 90-03
ir(at)cropenergies.de
Nadine Dejung
Public Relations / Marketing
Tel.: +49 (621) 71 41 90-65
Fax: +49 (621) 71 41 90-04
presse(at)cropenergies.de
End of Corporate News
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30.07.2013 Dissemination of a Corporate News, transmitted by DGAP - a
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The issuer is solely responsible for the content of this announcement.
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Language: English
Company: CropEnergies AG
Gottlieb-Daimler-Str. 12
68165 Mannheim
Germany
Phone: +49 (0)621-71 41 90 00
Fax: +49 (0)621-71 41 90 04
E-mail: info(at)cropenergies.de
Internet: www.cropenergies.com
ISIN: DE000A0LAUP1
WKN: A0LAUP
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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223431 30.07.2013
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Datum: 30.07.2013 - 15:11 Uhr
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