DGAP-News: Weng Fine Art AG / Key word(s): AGM/EGM/Miscellaneous
2015-08-31 / 08:00

---------------------------------------------------------------------
PRESS RELEASE | 31. AUGUST 2015

AGM of Weng Fine Art AG takes place in Dusseldorf on September 21, 2015
The Annual General Meeting of Weng Fine Art AG (WFA) will be held on September 21, 2015 at 2:00pm - at the NRW Forum Dusseldorf.  
The invitation to the AGM is available since August 19, on the Federal Gazette (Bundesanzeiger) and on the website of the Company www.wengfineart.com. A key topic is the dividend: After the business benefited from considerable momentum in the first half of 2015, and with the strategic choices from the past two years of transition producing results earlier than expected, the shareholders will receive a year-on-year unchanged dividend of EUR 0.11 per share: "As a bonus for their loyalty to the company, as a signal of sustainable shareholder value, and as a small advance on the yield potential in the coming years," says WFA CEO Rüdiger K. Weng. The company founder also makes sure that the shareholder's capital of the Company won't be reduced: Together with his asset management company, he waives his own dividend to the advantage of the independent shareholders.

In addition, the CEO will report to the Annual General Meeting on current business developments, and the medium-term strategy of the art trading Company listed on the Entry Standard of the Frankfurt Stock Exchange. Furthermore, an update on the development of WFA Online, which is operating in Zug/Switzerland, will be presented.

Following the Shareholder's Meeting, the e-commerce platform of the WFA group "Weng Contemporary" will present highlights from their product range, including works by Gerhard Richter, Damien Hirst, Alex Katz, Robert Longo, Anish Kapoor and Peter Doig.

ABOUT WENG FINE ART AG

Weng Fine Art AG (www.wengfineart.com), with subsidiaries in Germany and Switzerland, is a leading internationally operating art dealing and art service company. The founder-led company combines a long-term expertise in the art market with economic know-how. Other factors of success are the large inventory of artworks of the 20 and 21st century as well as the access to attractive funding. In addition to the traditional art dealing activities the company targets a leading role in the art e-commerce. Market know-how, the lack of competition and the comprehensive company-owned stock of high quality artworks will be the key to success of WFA Online AG in this segment. The shares of Weng Fine Art AG are listed in the Entry Standard of the Frankfurt stock exchange.

Weng Fine Art AG
Rüdiger K. Weng, CEO
Kimplerstrasse 294 | 47807 Krefeld | Germany
Phone +49 (0)2151 93713-0 | Fax +49 (0)2151 93713-29 E-mail rkweng@wengfineart.com



---------------------------------------------------------------------
2015-08-31 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------

Language: English Company: Weng Fine Art AG Kimplerstraße 294 47807 Krefeld Germany Phone: 02151 937130 Fax: 02151 93713-29 E-mail: art@wengfineart.com Internet: www.wengfineart.com ISIN: DE0005181606 WKN: 518160 Listed: Regulated Unofficial Market in Berlin; Open Market (Entry Standard) in Frankfurt  
 
End of News    DGAP News-Service  
--------------------------------------------------------------------- 390577 2015-08-31