ADO Properties S.A.: NOTICE REGARDING ALLOCATION AND PAYMENT OF DIVIDENDS DECIDED AT THE ANNUAL GENERAL MEETING OF SHAREHOLDERS HELD ON 20 JUNE 2019
June 20, 2019 at 09:30 am EDT
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DGAP-News: ADO Properties S.A. / Announcement of the Results of the General Meeting
ADO Properties S.A.: NOTICE REGARDING ALLOCATION AND PAYMENT OF DIVIDENDS DECIDED AT THE ANNUAL GENERAL MEETING OF SHAREHOLDERS HELD ON 20 JUNE 2019
20.06.2019 / 15:28
Announcement of the Results of the General Meeting, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
ADO Properties S.A.
Société anonyme
Registered office: Aerogolf Center, 1B Heienhaff, L-1736 Senningerberg, Grand Duchy of Luxembourg
RCS Luxembourg: B197554
(the "Company")
NOTICE REGARDING ALLOCATION AND PAYMENT OF DIVIDEND DECIDED AT THE ANNUAL GENERAL MEETING OF SHAREHOLDERS HELD ON 20 JUNE 2019
At the annual general meeting of shareholders of the Company held on 20 June 2019 (the "AGM") at Aerogolf Center, 1B Heienhaff, L-1736 Senningerberg, Grand Duchy of Luxembourg, a dividend in an amount of EUR 0.75 per share (a gross dividend in an aggregate amount of EUR 33,098,067.75) was declared.
The AGM acknowledged that the record date for determining the eligibility of shareholders to receive a dividend payment is 20 June 2019 and that the payment of the dividends shall commence on 21 June 2019.
A Luxembourg withholding tax of 15% shall be applied to the dividend payment. If a shareholder is entitled to an exemption under Article 147 of the Luxembourg income tax law ("LIR") or a reduction or exemption under an applicable double tax treaty, a refund may be sought. For more information on this subject, shareholders should consult their broker or tax adviser
Luxembourg, 20 June 2019
20.06.2019 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Language:
English
Company:
ADO Properties S.A.
1B Heienhaff
1736 Senningerberg
Luxemburg
Phone:
+352 278 456 710
Fax:
+352 262 634 079
E-mail:
ir@ado.properties
Internet:
www.ado.properties
ISIN:
LU1250154413
WKN:
A14U78
Listed:
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; London, Luxembourg Stock Exchange, SIX
Adler Group SA, formerly known as ADO Properties, is a Luxembourg-based real estate company. The Company operates in Germany, in the residential real estate field with approximately 70,000 residential units, and a development pipeline of approximately 10,000 new flats in Germany. The Company focuses on asset and portfolio management, property and facility management and developing residential properties throughout Germany. The Company operates through two business segments: Residential property management and development. Residential property management offers renting and managing residential properties, the management of tenancy agreements and marketing of residential units with the focus on optimization of rental income. The development side of the business splits into build-to-sell projects and build-to-hold projects.
ADLER GROUP S.A. 
