Brief: Logwin FY net result up to EUR 26.4 million euros, dividend proposed

Logwin AG

28/02/2017 14:02

Feb 28 (Reuters) - Logwin AG  TGHG.DE : 
    * Initiation of dividend payment based on increased net result, reverse split and change to 
registered shares 
    * Decided to propose a dividend distribution of 0.04 euros per share to Annual General 
Meeting 
    * FY net result amounted to 26.4 million euros ($27.97 million) (2015: 15.7 million euros) 
    * Propose to consolidate shares of company in a ratio of 1:50 and to convert shares of 
Logwin AG from bearer shares to registered shares 
 
Source text for Eikon:  ID:nEQ4wxYrz  
Further company coverage:  TGHG.DE  
 
($1 = 0.9438 euros) 
 
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