Corporate | 8 May 2012 15:00
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ELMOS Semiconductor AG / Key word(s): AGM/EGM/Dividend
Large majority of votes for all agenda items Dortmund, May 8, 2012: ELMOS Semiconductor AG held its 13 th Annual General Meeting today. As in the past years, the shareholders actively exercised their voting rights and resolved all agenda items with broad approval. Particular appeal to shareholders had the dividend increase by 25% to 0.25 Euro per share. 'ELMOS closed the year 2011 with positive sales and earnings figures. However, as expected, the start of the new financial year 2012 was slow. Together with anticipated higher sales, a bundle of measures launched in April 2012 is expected to increase the quality of earnings in the 2 nd half-year significantly again. Yet the global economic conditions remain fragile,' says Dr. Anton Mindl, CEO of ELMOS Semiconductor AG. Among other topics, Dr. Mindl presented the progress made in Asia in the speech he gave at the Annual General Meeting. In this region, ELMOS opened two new locations in Shanghai (China) and Singapore in the past year, in addition to the already existing office in Seoul (South Korea). Moreover, Dr. Mindl introduced product innovations for the automobile and for industrial and consumer goods. Using these ELMOS products allow customers to gain a competitive edge based on lower power consumption, higher safety, or better comfort. The dividend will be paid on May 9, 2012 to all shareholders who held ELMOS shares on May 8, 2012. ELMOS Semiconductor AG is a developer and manufacturer of system solutions on semiconductor basis. For more than 25 years, our chips have made vehicles as well as industrial and consumer goods more performance and power efficient. Contact: ELMOS Semiconductor AG, Janina Rosenbaum, Heinrich-Hertz-Str. 1, 44227 Dortmund, Phone: +49 231-7549-0, Extension: -287, Fax: +49 231-7549-548, info@elmos.com, www.elmos.com End of Corporate News 08.05.2012 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP’s 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: | ELMOS Semiconductor AG | |
| Heinrich-Hertz-Str. 1 | ||
| 44227 Dortmund | ||
| Germany | ||
| Phone: | +49 (0)231 7549-575 | |
| Fax: | +49 (0)231 7549-548 | |
| E-mail: | invest@elmos.de | |
| Internet: | http://www.elmos.de | |
| ISIN: | DE0005677108 | |
| WKN: | 567710 | |
| Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart | |
| End of News | DGAP News-Service |
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| 168662 08.05.2012 |