Ad-hoc | 26 May 2011 15:08
XING AG / Key word(s): Payout
26.05.2011 15:08
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Hamburg, May 26, 2011 - Today's AGM for Hamburg-based XING AG (ISIN
DE000XNG8888) approved the special distribution of funds put forward by the
Executive and Supervisory Boards. The special distribution of funds will
amount to EUR20 million, which equates to a payout per share of
approximately EUR3.70.
At the shareholders' request, the record date, i.e. the date on which
shareholders have to be in possession of shares in order to qualify for the
special distribution of funds, was brought forward to August 1, 2011. This
provides shareholders entitled to a payout with more flexibility when it
comes to share dealing. The payout will take place following the six-month
blocking period which commences on the date of publication of the entry of
the decision into the commercial register. Further information about the
next steps in the process will be published in due course.
Patrick Möller
Director Investor Relations
patrick.moeller@xing.com
Tel. +49 40 419131-793
26.05.2011 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: XING AG
Gänsemarkt 43
20354 Hamburg
Deutschland
Phone: +49 (0)40 419 131-793
Fax: +49 (0)40 419 131-11
E-mail: investor-relations@xing.com
Internet: www.xing.com
ISIN: DE000XNG8888
WKN: XNG888
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, München, Stuttgart
End of Announcement DGAP News-Service
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