Leifheit Aktiengesellschaft: Management and Supervisory Board change dividend policy and propose special dividend



Leifheit Aktiengesellschaft  / Key word(s): Dividend

30.03.2016 12:33

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Ad hoc notice in accordance with section 15 German Securities Trading Act

Leifheit AG: Management and Supervisory Board change dividend policy and
propose special dividend

Nassau/Frankfurt, March 30, 2016 - At its meeting today, the Management and
the Supervisory Board of Leifheit AG decided to change the company's
dividend policy. In principle the dividend policy furthermore provides for
distributing around 75% of the net result for the period or the free cash
flow of a financial year to the shareholders as ordinary dividends. In
addition Management and Supervisory Board will in future consider the
distribution of special dividends, if year-end Group liquidity exceeds the
expected liquidity needs for potential M&A activities and for seasonal
fluctuations of working capital in the amount of approx. 55 million Euros,
as well as for dividends pay-out.

Based on this new dividend policy and in view of the company's good
liquidity situation, Management and Supervisory Board decided in its
today's meeting accordingly to propose in addition to an increased ordinary
dividend of Euro 2.00 (previous year: Euro 1.80) per share a special
dividend of Euro 0.75 per no-par-value bearer share to the Annual General
Meeting on 25 May 2016.

The company is publishing details on the financial statements 2015 and the
annual financial report 2015 on 31 March 2016 at 9.00 a.m.

Leifheit AG
D-56377 Nassau
+49 2604 977218

30.03.2016 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:      Leifheit Aktiengesellschaft
              56377 Nassau / Lahn
Phone:        02604 977-0
Fax:          02604 977-340
E-mail:       ir@leifheit.com
Internet:     www.leifheit.com
ISIN:         DE0006464506
WKN:          646450
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated
              Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
              Munich, Stuttgart
End of Announcement                             DGAP News-Service


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