Brief: Demire Majority Shareholders Aim For Dividend At Level Of Accumulated Profit

Demire Deutsche Mittelstand Real Estate AG

05/03/2021 07:30

March 5 (Reuters) - DEMIRE DEUTSCHE MITTELSTAND REAL ESTATE
AG  DMRE.DE :
    * SAID ON THUERSDAY IT RECEIVED LETTERS FROM MAJORITY
SHAREHOLDERS, AEPF III 15 S.À R.L. AND WECKEN-GROUP
    * MAJORITY SHAREHOLDERS SAY THAT DUE TO UNCERTAIN INVESTMENT
CLIMATE AND STILL HIGH LEVEL OF LIQUIDITY THEY ARE SEEKING THE
PAYMENT OF DIVIDEND FOR 2020 IN THE AMOUNT OF ACCUMULATED PROFIT
    * ACCORDING TO PRELIMINARY FIGURES, ACCUMULATED PROFIT FOR
2020
AMOUNTS TO APPROXIMATELY EUR 65 MILLION
    * COMPANY EXPECTS TO HAVE SUFFICIENT CASH TO PAY SUCH A
DIVIDEND
AT TIME OF AGM ON 28 APRIL 2021
    * COMPANY ASSUMES THAT THE MAJORITY SHAREHOLDERS WILL
EXERCISE ITS
VOTING RIGHTS AT THE ANNUAL GENERAL MEETING IN FAVOUR OF SUCH
DIVIDEND PAYMENT

    
Source text for Eikon:  ID:nEQ3xmks7a 
Further company coverage:  DMRE.DE  
   


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