Corporate | 17 May 2006 16:40
A.S. Création Tapeten AG: Shareholders’ Meeting approves record dividend and composition of the new Supervisory Board
Corporate-news transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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A.S. Création Tapeten AG, Gummersbach
(ISIN DE0005079909)
Shareholders’ Meeting approves record dividend and composition of the new
Supervisory Board
A.S. Création Tapeten AG, Europe’s leading wallpaper manufacturer, today
held its General Meeting of Shareholders in Gummersbach/Germany.
Against the background of the successful fiscal year 2005, in which both
Group sales and net profit reached new all-time highs of EUR 145.3 million
(2004: EUR 132.1 million) and EUR 7.7 million (2004: EUR 6.6 million),
respectively, the Shareholders’ Meeting decided that a dividend of EUR 1.25
per dividend-bearing share be paid out to the shareholders. This is the
highest dividend paid out by A.S. Création Tapeten AG since its IPO.
The General Meeting of Shareholders thanked all employees of A.S. Création
for their strong commitment, which allowed the company to achieve such
excellent results. Discharge of the acts of the Managing Board and the
Supervisory Board in 2005 was granted by a vast majority of the
shareholders.
Given that the term of office of all Supervisory Board members ended at the
end of today’s Shareholders’ Meeting, the new Supervisory Board was
elected. The former Vice Chairman of the Supervisory Board, Hans-Georg Graf
von Rittberg, did not stand for re-election. The other members of the
Supervisory Board, Ms Jella Susanne Benner-Heinacher, Dr. Rüdiger Liebs and
Mr Franz Jürgen Schneider, were re-elected for a term of five years. Dr.
Dieter Schadt was elected new member of the Supervisory Board. Prior to the
Shareholders’ Meeting, the company’s employees had already re-elected Mr
Rolf Schmuck and Mr Peter Mourschinetz as their representatives on the
Supervisory Board.
At the constituent meeting of the Supervisory Board that followed the
Shareholders’ Meeting, Mr Schneider and Dr. Liebs were elected Chairman and
Vice Chairman, respectively, of the new Supervisory Board.
Gummersbach, May 17, 2006
A.S. Création Tapeten AG
The Managing Board
Inquiries:
Maik Krämer, Director of Finance,
phone +49-(0)22 61/542-387,
fax +49-(0)2261/542-304,
e-mail m.kraemer@as-creation.de
(c)DGAP 17.05.2006
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Language: English
Issuer: A.S. Création Tapeten AG
Südstraße 47
51645 Gummersbach Deutschland
Phone: +49 (0)22 615 42-0
Fax: +49 (0)22 6154 2-3 04
email: investor@as-creation.de
WWW: investor@as-creation.de
ISIN: DE0005079909
WKN: 507990
indices:
Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in
Berlin-Bremen, Stuttgart, München, Hamburg, Düsseldorf
End of News DGAP News-Service
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