Ad-hoc | 17 March 2021 13:49

Bechtle AG: Scrip issue and dividend increase

Bechtle AG / Key word(s): Corporate Action/Dividend
Bechtle AG: Scrip issue and dividend increase

17-March-2021 / 13:49 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Bechtle AG: Scrip issue and dividend increase

Neckarsulm, 17.03.2021 – The Executive Board and the Supervisory Board of Bechtle AG resolved today to propose to the Annual General Meeting on 15 June 2021 to increase issued capital of the company from corporate funds by so-called scrip issue to the existing shareholders of the company. Here, two new no-par shares are to be issued to the shareholders for each existing no-pare share. In this way both the issued capital and the number of issued shares are to be tripled; however the proportionate amount of the individual shares in the issued capital is to continue to be € 1.00. At the same time, the market price level of the individual Bechtle shares will reduce accordingly, without affecting the real value of the shareholders’ shareholdings. This is intended to make trading in shares of the company more liquid and the Bechtle share even more attractive for broader investor circles.

The Executive Board and the Supervisory Board will also propose to the Annual General Meeting on 15 June 2021 to distribute a dividend of € 1.35 to shareholders for the fiscal year 2020. This represents an increase of 15 euro cents compared to the previous year and would be the eleventh dividend increase in a row.

Contact:

Bechtle AG
Investor Relations
Martin Link
Telephone: +49 7132 981-4149
ir@bechtle.com

17-March-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language:	English
Company:	Bechtle AG
	Bechtle Platz 1
	74172 Neckarsulm
	Germany
Phone:	+49 7132 981-0
Fax:	+49 7132 981-8000
E-mail:	ir@bechtle.com
Internet:	bechtle.com
ISIN:	DE0005158703
WKN:	515870
Indices:	MDAX, TecDAX
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	1176083

End of Announcement DGAP News Service