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    IUR   DE0006208408

KAP AG

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KAP AG: Executive board and supervisory board propose increased dividend for financial year 2020

08/10/2021 | 01:26pm EDT
08/10/2021 18:49 CET

Publication of insider information pursuant to Art. 17 MAR

Fulda, 10 August 2021 - Executive Board and Supervisory Board of KAP AG today resolved to propose to the Annual General Meeting to be convened for 30 September 2021, the payment of an increased dividend for the 2020 financial year in the amount of 1.75 euros per no-par value entitled to dividend (dividend proposal so far: 0.75 euros). Subject to the resolution of the shareholders at the Annual General Meeting, a total amount of 13,593,235.25 euros would be distributed to the shareholders. In the previous year, the Company did not distribute a dividend due to the uncertainties related to the COVID 19 pandemic.

With the new proposal for the dividend, the shareholders shall essentially participate in the good current business and earnings development as well as the proceeds from the sale of it-novum GmbH.

The publication of the first half-year results will take place on 24 September 2021 as planned.

The Executive Board

Notifying Person und Investor Relations

Kai Knitter
Head of Investor Relations & Corporate Communications
kai.knitter@kap.de
+49 (0) 661 103 327

Disclaimer

KAP AG published this content on 10 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 August 2021 17:26:07 UTC.


© Publicnow 2021
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Sales 2020 323 M 376 M 376 M
Net income 2020 -2,96 M -3,45 M -3,45 M
Net Debt 2020 54,9 M 63,9 M 63,9 M
P/E ratio 2020 -36,4x
Yield 2020 5,40%
Capitalization 176 M 204 M 204 M
EV / Sales 2019 0,70x
EV / Sales 2020 0,50x
Nbr of Employees 2 374
Free-Float 16,6%
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Alexander Riedel Chief Financial Officer
Christian Schmitz Chairman-Supervisory Board
Fried Möller Deputy Chairman-Supervisory Board
Uwe Stahmer Member-Supervisory Board
Roy Bachmann Member-Supervisory Board
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