Bechtle AG: Scrip issue and dividend increase
Bechtle AG: Scrip issue and dividend increase Neckarsulm, 17.03.2021 - The Executive Board and the Supervisory Board of Bechtle AG resolved today to propose to the Annual General Meeting on 15 June 2021 to increase issued capital of the company from corporate funds by so-called scrip issue to the existing shareholders of the company. Here, two new no-par shares are?to be issued to the shareholders for each existing no-pare share. In this way both the issued capital and the number of issued shares are to be tripled; however the proportionate amount of the individual shares in the issued capital is to continue to be ? 1.00. At the same time, the market price level of the individual Bechtle shares will reduce accordingly, without affecting the real value of the shareholders' shareholdings. This is intended to make trading in shares of the company more liquid and the Bechtle share even more attractive for broader investor circles.
The Executive Board and the Supervisory Board will also propose to the Annual General Meeting on 15 June 2021 to distribute a dividend of ? 1.35 to shareholders for the fiscal year 2020. This represents an increase of 15 euro cents compared to the previous year and would be the eleventh dividend increase in a row.
Contact:Bechtle AG Investor Relations Martin Link Telephone: +49 7132 981-4149 email@example.com
17-March-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.deLanguage: English Company: Bechtle AG Bechtle Platz 1 74172 Neckarsulm
Germany Phone: +49 7132 981-0 Fax: +49 7132 981-8000 E-mail: firstname.lastname@example.org Internet: bechtle.com ISIN: DE0005158703 WKN: 515870 Indices: MDAX, TecDAX Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange EQS News ID: 1176083 ? End of Announcement DGAP News Service