DGAP-News

Ströer SE: Ströer resolves conversion into partnership limited by shares and confirms planned dividend increase for 2015

DGAP-News: Ströer SE / Key word(s): AGM/EGM
Ströer SE: Ströer resolves conversion into partnership limited by
shares and confirms planned dividend increase for 2015

25.09.2015 / 15:31

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- Planned dividend increase of 50% to EUR 0.60 consistent with existing
dividend policy

- Guidance for 2015 and 2016 confirmed

- Three to four small digital acquisitions anticipated in 2015

At today's Extraordinary General Meeting ofcStröer SE in Cologne, all
resolutions proposed by the Supervisory Board and the Board of Management
were clearly adopted with an approval rating of 68%. The proposed
resolution to convert Ströer SE into a partnership limited by shares (KGaA)
was approved by a broad majority of 84,21% of the votes of shareholders
present.

"We view the huge support we have received for our proposal to convert
Ströer SE into a partnership limited by shares as confirmation and a token
of trust from our shareholders for our sustainable strategy based on
shareholder value and the successful development of our company,
particularly in recent years. We believe that the model of a founder and
family-managed and listed corporation is a pioneering and successful model
from which all our shareholders will continue to benefit," commented Udo
Müller, CEO of Ströer.

38.498.522 shares of Ströer SE's share capital were represented at the
General Meeting, which corresponds to around 79% of the share capital.

Ströer continues to pursue its profitable growth strategy, and indicated
positive prospects in terms of the third quarter and the full fiscal year
2015. Based on sustained positive trading momentum in all major business
segments, the company forecasts organic growth in the mid to upper
single-digit range for fiscal year 2015 as previously announced. The third
quarter 2015, which ends in a few days, confirms this outlook with organic
growth at the upper end of this range. Based on advance bookings for the
fourth quarter of 2015, Ströer also reiterates its full-year guidance for
operational EBITDA of at least EUR 180 million - excluding the earnings
contribution of t-online.de and InteractiveMedia.

"With defining acquisitions such as t-online.de, InteractiveMedia or the
acquisition of OMS which still needs to be approved by the Bundeskartellamt
competition authority, 2015 marks the beginning of a new era for us. All
key financial figures are developing well and the share price has improved
significantly," commented Udo Müller, CEO of Ströer. "We are currently