EQS-News

tick Trading Software AG: Annual General Meeting of tick Trading Software AG resolves dividend of €0.84 per share and conversion from bearer to registered shares

EQS-News: tick Trading Software AG / Key word(s): AGM/EGM tick Trading Software AG: Annual General Meeting of tick Trading Software AG resolves dividend of €0.84 per share and conversion from bearer to registered shares 27.04.2023 / 14:56 CET/CEST The issuer is solely responsible for the content of this announcement. Düsseldorf, April 27, 2023 - In line with the motto of the latest annual report "New paths with first successes", the agenda of yesterday's Annual General Meeting of tick Trading Software AG (ISIN: DE000A0LA304, symbol: TBX) included the appropriation of the balance sheet profit for the 2021/2022 financial year and the conversion from bearer to registered shares. After three years of pandemic-related restrictions, the Annual General Meeting was held for the first time again in the presence of the public at the "Malkasten" in Düsseldorf.

At the event, at which around 39 percent of the registered capital stock was represented with 784,842 shares, the shareholders voted with 100 percent in favor of the proposed appropriation of net income for fiscal 2021/2022 and thus in favor of the dividend proposal of 0.84 euros per share, which on the basis of the current share price corresponds to a dividend yield of around nine percent. "We are delighted, on the one hand, that we can continue to offer our shareholders an above-average payout and, on the other, that we can be sure of their strong support, which provides us with additional motivation to continue our growth program with the same vigor as before," explains Carsten Schölzki, CEO of tick-TS AG.

The Annual General Meeting also approved the actions of the Executive Board and Supervisory Board for the past fiscal year and the appointment of the auditor for the new fiscal year 2022/2023 by a large majority. In addition, the shareholders voted in favor of the conversion from bearer to registered shares and confirmed the compensation of the Supervisory Board members. Only the amendment to the Articles of Association to allow virtual Annual General Meetings failed to secure a majority. "This is shareholder democracy in action. We respect that our investors prefer the face-to-face meeting on site and look forward to the direct exchange," commented Carsten Schölzki on this decision.