Ad-hoc | 21 March 2006 11:16
MLP proposes much higher dividend payments for business year 2005
Ad hoc announcement transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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• Dividend payments of 60 cents per share proposed for the 2005 business
year (previous year 22 cents)
• Thereof special dividend payments of 30 cents per share for the
successful sale of the insurance subsidiaries
Heidelberg, 21st March 2006 – After completing a very successful business
year in 2005 and with positive future company development forecasts, the
MLP executive and supervisory board will be proposing an increase in
dividend payments by 38 cents per share to 60 cents at the Annual General
Meeting (previous year 22 cents). 30 cents of this will comprise a special
dividend payment which MLP will be awarding to shareholders following the
successful sale of both insurance subsidiaries (MLP Lebensversicherung AG
and MLP Versicherung AG). Accordingly, the dividend payments from operating
business rise by 36 percent. The proposal is subject to approval by the AGM
and would result in an increase in total dividend payouts from EUR 24
million to about EUR 63 million.
As previously announced in February, MLP has succeeded in increasing its
profit before tax and disposal result by 38 per cent to EUR 119.9 million
(previous year EUR 86.6 million) with slightly declining total revenues.
The Annual Press Conference is scheduled for March 28th, 2006 when detailed
information will be provided concerning the business. The Annual General
Meeting will convene on May 31st, 2006 in Mannheim, Germany.
Christian Maertin
Tel +49(0)6221•308•4331
Fax +49(0)6221•308•1131
Christian.maertin@mlp.de
(c)DGAP 21.03.2006
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language: English
emitter: MLP AG
Forum 7
69126 Heidelberg Deutschland
phone: +49 (0)6221308-0
fax: +49 (0)6221308-8351
email: investorrelations@mlp-ag.com
WWW: www.mlp-ag.com
ISIN: DE0006569908
WKN: 656990
indexes: MDAX
stockmarkets: Amtlicher Markt in Frankfurt (Prime Standard), Stuttgart;
Freiverkehr in Berlin-Bremen, Hannover, Düsseldorf, Hamburg,
München; Terminbörse EUREX
End of News DGAP News-Service
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