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    DGAP-Adhoc  9186  0 Kommentare Logwin AG: Initiation of dividend payment based on increased net result, reverse split and change to to registered shares





    DGAP-Ad-hoc: Logwin AG / Key word(s): Dividend/Capital Reorganisation


    Logwin AG: Initiation of dividend payment based on increased net result, reverse split and change to to registered shares


    28-Feb-2017 / 15:02 CET/CEST


    Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG.


    The issuer is solely responsible for the content of this announcement.



    Logwin AG - Initiation of dividend payment based on increased net result,
    reverse split and change to to registered shares

    Grevenmacher (Luxembourg) - In connection with the approval of the annual
    financial statements 2016 the Board of Directors of Logwin AG decided to
    propose a dividend distribution of 0.04 euros per share to the Annual
    General Meeting.

    The decision was taken based on the earnings and liquidity development of
    Logwin Group in the financial year 2016. The net result amounted to EUR
    26.4m (2015: EUR 15.7m) and the net cash flow came to EUR 26.6m (2015: EUR
    33.1m). The full results of the 2016 financial year will be published by
    Logwin AG on 2 March 2017.

    In addition, the Board of Directors will propose to consolidate the shares
    of the company in a ratio of 1:50 and to convert the shares of Logwin AG
    from bearer shares to registered shares at the Annual General Meeting to be
    held in April 2017. The details will be announced with the invitation to
    this year's Annual General Meeting.


    About Logwin AG

    Logwin AG (Grevenmacher, Luxembourg) provides efficient logistics and
    transport solutions for its customers from industry and trade. In 2015, the
    group generated sales of approximately EUR 1.1bn and currently employs
    4,200 staff. Logwin operates in all main markets worldwide and has around
    190 locations on six continents. With its two business segments Solutions
    and Air + Ocean, Logwin AG is one of the leaders in the market.

    Logwin AG is listed in the Prime Standard of the Deutsche Börse. The
    majority shareholder is DELTON AG, Bad Homburg (Germany).

    Contact: www.logwin-logistics.com

    Sebastian Esser

    Chief Financial Officer

    Phone: +352 719690-1112

    sebastian.esser@logwin-logistics.com

    Logwin AG | ZIR Potaschberg | 5, an de Längten | 6776 Grevenmacher |
    Luxembourg | www.logwin-logistics.com









    28-Feb-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
    Archive at www.dgap.de































    Language: English
    Company: Logwin AG
    an de Längten 5
    L-6776 Grevenmacher
    Grand Duchy of Luxembourg
    Phone: +352 719 690 0
    Fax: +352 719 690 1359
    E-mail: ir-info@logwin-logistics.com
    Internet: www.logwin-logistics.com
    ISIN: LU0106198319
    WKN: 931705
    Indices: Prime All Share (PXAP), Classic All Share (CLXP), DAXsector All Transportation & Logistics (4N87), DAXsector Transportation & Logistics (CXPL), DAXsubsector All Logistics (4N99), DAXsubsector Logistics (I1LB)
    Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange





     
    End of Announcement DGAP News Service



    548345  28-Feb-2017 CET/CEST









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    DGAP-Adhoc Logwin AG: Initiation of dividend payment based on increased net result, reverse split and change to to registered shares DGAP-Ad-hoc: Logwin AG / Key word(s): Dividend/Capital Reorganisation Logwin AG: Initiation of dividend payment based on increased net result, reverse split and change to to registered shares 28-Feb-2017 / 15:02 CET/CEST Disclosure of an inside …

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