Shareholders approved a dividend of six Euro cents per share for the abbreviated 2016 financial year today, Thursday, at the 24th annual general meeting of IMMOFINANZ AG. The distribution will total approx. EUR 63.2 million. The ex-dividend date is 2 June 2017, and payment will be made on 7 June 2017.
The dividend is classified as a repayment of capital under Austrian tax law and is therefore not subject to withholding tax for natural persons who are resident in Austria and who hold IMMOFINANZ shares as part of their private assets.*
The shareholders also approved all other points on the agenda for the annual general meeting, including the conclusion of a settlement with former Executive Board member Karl Petrikovics.
*) subject to certain assumptions, e.g. when the capital repayment exceeds the purchase cost of the shares for tax purposes
IMMOFINANZ is a commercial real estate group whose activities are focused on the retail and office segments of seven core markets in Europe: Austria, Germany, Czech Republic, Slovakia, Hungary, Romania and Poland. The core business covers the management and development of properties. whereby the STOP SHOP (retail), VIVO! (retail) and myhive (office) brands represent strong focal points that stand for quality and service. The real estate portfolio has a value of approx. EUR 4.0 billion (excl. Russia) and covers more than 230 properties. IMMOFINANZ is listed on the stock exchanges in Vienna (leading ATX index) and Warsaw. Further information under: http://www.immofinanz.com
For additional information contact:
Head of Corporate Communications and Investor Relations
T +43 (0)1 88 090 2290
M +43 (0)699 1685 7290
01.06.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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