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    DGAP-Adhoc  495  0 Kommentare Hornbach Holding AG: Dividend policy following the change of legal form announced


    Hornbach Holding AG / Key word(s): Dividend

    27.05.2015 16:27

    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.

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    Ad hoc disclosure of Hornbach Holding AG:

    Dividend policy following the change of legal form announced

    Neustadt an der Weinstrasse, May 27, 2015.
    HORNBACH Management AG, which, in the course of the change of legal form of
    the company into a German limited partnership by shares
    (Kommanditgesellschaft auf Aktien - KGaA) proposed to the shareholders'
    meeting, shall accede the company as general partner, informed us by
    letter, dated May 27, 2015 and referring to the ad hoc disclosure of the
    company dated May 22, 2015, about its intentions regarding the future
    development of the dividend policy of Hornbach Holding Aktiengesellschaft
    following the change of legal form and its accession as general partner,
    quote: "The general partner, contingent on the change of legal form
    entering into effect and subject to the performance of the business and the
    principle of dividend continuity, intends, in principle, to plan for a
    dividend in the amount of 30% of the consolidated net income after
    non-controlling interests from financial year 2015/2016 onwards."


    27.05.2015 The DGAP Distribution Services include Regulatory Announcements,
    Financial/Corporate News and Press Releases.
    Media archive at www.dgap-medientreff.de and www.dgap.de

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    Language: English
    Company: Hornbach Holding AG
    Le Quartier Hornbach 19
    67433 Neustadt an der Weinstraße
    Germany
    Phone:
    Fax:
    E-mail:
    Internet:
    ISIN: DE0006083439
    WKN: 608343
    Indices: SDAX
    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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    DGAP-Adhoc Hornbach Holding AG: Dividend policy following the change of legal form announced Hornbach Holding AG / Key word(s): Dividend 27.05.2015 16:27 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. …

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