Ad-hoc | 27 May 2002 20:51
GESCO AG
english
GESCO AG: 4.8 % increase in dividend
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Wuppertal, 27 May 2002 – The Supervisory Board and Executive Board of SMAX
listed holding company, GESCO AG, resolved in their meeting today to increase
the GESCO dividend for the fifth time in a row. On 5 September 2002, the
Executive Board and Supervisory Board will propose a dividend of EUR 0.75 per
share for financial year 2001/2002 to the Annual General Meeting. This
represents an increase of 4.8% on the previous year (DM 1.40). Based on the
share price as at the balance sheet reporting date, this represents a dividend
yield of 6%.
The figures for the past financial year will be at the level announced on the
occasion of the publication of the figures for the first nine months of the year
in February 2002.
The annual financial statements for 2001/2002 (as at 31 March) and planning for
financial year 2002/2003 will be presented by the Executive Board at the Annual
Accounts Press Conference to be held on 27 June 2002.
GESCO AG
Investor Relations
Oliver Vollbrecht
Tel. ++ 49 202 2 48 20-18
Fax ++ 49 202 45 57 53
e-mail info@gesco.de
http://www.gesco.de
end of ad-hoc-announcement (c)DGAP 27.05.2002
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WKN: 587590; ISIN: DE0005875900; Index: SDax
Listed: Amtlicher Handel in Düsseldorf, Frankfurt (SMAX); Freiverkehr in Berlin,
Hamburg, München, Stuttgart
272051 Mai 02