DGAP-News: TOMORROW FOCUS AG publishes results of voting at this year's annual general meeting - first-ever dividend payout
(firmenpresse) - DGAP-News: TOMORROW FOCUS AG / Key word(s): AGM/EGM
TOMORROW FOCUS AG publishes results of voting at this year's annual
general meeting - first-ever dividend payout
01.06.2011 / 15:37
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MEDIA RELEASE
TOMORROW FOCUS AG publishes results of voting at this year's annual general
meeting - first-ever dividend payout
Munich, Germany, 1 June 2011 - TOMORROW FOCUS AG's 2011 AGM was held in
Munich today. All the items on the agenda requiring approval were adopted
by large majorities. A resolution to pay a first-ever dividend of EUR 0.05
per share met with almost unanimous approval from shareholders attending
the meeting. Annet Aris and Philipp Welte were elected to succeed Jean-Paul
Schmetz and Helmut Markwort on the Supervisory Board.
In line with the pleasing record of high attendance in previous years,
today's Annual General Meeting of TOMORROW FOCUS AG at the Haus der
Bayerischen Wirtschaft in Munich, Germany, brought together approximately
100 shareholders and proxy holders representing around 84 percent of the
company's share capital with voting rights.
Resolutions to approve the actions of the Management Board and the
Supervisory Board were passed by majorities of over 99,998 percent of the
shareholders present at the meeting.
Equally, there was almost unanimous approval (99,998 percent) for a
resolution to pay a first-ever dividend of EUR 0.05 per qualifying notional
no-par-value bearer share. As the dividend will be paid fully out of the
contribution account for tax purposes, as defined in section 27 of the
German Corporation Tax Act (Körperschaftssteuergesetz, KStG), there will be
no deductions of capital gains tax or solidarity surcharge. In most cases,
dividends paid to domestic shareholders are not subject to taxation.
Elections to the Supervisory Board were also held at the Annual General
Meeting. While existing members Dr Paul-Bernhard Kallen, Dr Andreas
Rittstieg, Prof Dr Leberfinger and Martin Weiss were confirmed in office,
Helmut Markwort and Jean-Paul Schmetz stepped down as planned at the end of
the meeting for personal reasons. Dr Paul-Bernhard Kallen expressed his
gratitude for their personal commitment and hoped that both would maintain
close links with the company. In their place, the Annual General Meeting
elected two new members: Annet Aris, Professor at the Institut Européen
d'Administration des Affaires (INSEAD) in Fontainebleau, France, and
Philipp Welte, Member of the Management Board at Hubert Burda Media
Holding, Munich, Germany. Following the AGM, the Supervisory Board
re-elected Dr Paul-Bernhard Kallen to the position of chairperson.
About TOMORROW FOCUS AG:
TOMORROW FOCUS AG (ISIN DE0005495329) is one of the leading exchange-listed
Internet groups in Germany. The company is based in Munich.
The Group's business operations are divided into three divisions:
Transactions, Advertising and Technologies:
The Transactions division includes HOLIDAYCHECK, the Group's hotel rating
and holiday/travel booking portal, ELITEPARTNER, a premium online dating
portal, and JAMEDA.de, the physician rating portal.
The Advertising division includes TOMORROW FOCUS Media, one of the leading
German online marketing providers, marketing not only partner portals, such
as CHIP Online, FAZ.NET, GUTEFRAGE.NET and MEINESTADT.DE, but alsothe
Group's own Internet portals, such as FOCUS Online, FINANZEN100, and
JAMEDA. ADJUG LTD. is an online marketing provider for surplus advertising
space with two online market places in the UK and Germany. The company is
part of the Advertising division.
Within the Technologies division, TFT and CELLULAR provide comprehensive
services for the stationary and mobile Internet.
Media&Investor Relations contact:
TOMORROW FOCUS AG
Armin Blohmann
Neumarkter Strasse 61
81673 München
Germany
phone: +49 (0)89 9250-1256
fax: +49 (0)89 9250-2403
email: a.blohmann(at)tomorrow-focus.de
www.tomorrow-focus.de
http://twitter.com/tomorrowfocus
http://facebook.de/tomorrowfocus
http;//youtube.com/tomorrowfocus
Photo material and logos can be found in our media newsroom at
www.tomorrow-focus.de/newsroom
End of Corporate News
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01.06.2011 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: TOMORROW FOCUS AG
Neumarkter Str. 61
81673 München
Deutschland
Phone: +49 (0)89 9250-1256
Fax: +49 (0)89 9250-2403
E-mail: a.blohmann(at)tomorrow-focus.de
Internet: www.tomorrow-focus.de
ISIN: DE0005495329
WKN: 549532
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,
München, Stuttgart
End of News DGAP News-Service
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127233 01.06.2011
Datum: 01.06.2011 - 15:37 Uhr
Sprache: Deutsch
News-ID 34297
Anzahl Zeichen: 0
contact information:
Kategorie:
Business News
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