DGAP-News: VIB Vermögen AG / Key word(s): AGM/EGM/Real Estate 05.07.2019 / 07:30 Annual General Meeting of VIB Vermögen AG resolves to increase the dividend for the tenth time in a row
Neuburg/Danube, July 5, 2019 – Around 56.4 per cent of the voting-entitled capital was represented at this year’s Annual General Meeting of VIB Vermögen AG, a company specialising in the development, acquisition and portfolio management of commercial properties. As expected, the actions of the members of the Managing and Supervisory Boards in the 2018 financial year were officially approved by a significant majority of the shareholders. Dividend of EUR 0.65 per ordinary share approved “We are delighted that 2018 was a double anniversary year. Not only did it see the 25th anniversary of the company, but also the tenth consecutive dividend increase,” explained Martin Pfandzelter, Chief Executive Officer of VIB Vermögen AG, speaking to shareholders. “The other agenda items, i. e. the conversion to registered shares, the expansion of the Supervisory Board to four members and the election of the company founder to the Supervisory Board, are further milestones for our company. We are very pleased that we were able to win the approval of the shareholders for this.” Contact Investor Relations: VIB Vermögen AG About VIB Vermögen AG VIB Vermögen AG is a medium-sized company specialising in commercial real estate management that has been operating successfully for more than 20 years. The company focuses on properties from the logistics/light industry and retail sectors in the economically strong southern German region. VIB’s shares have been listed on the Munich (m:access) and Frankfurt (Open Market) stock exchanges since 2005. VIB’s business model is based on a “develop-or-buy-and-hold” strategy. Firstly, VIB acquires properties that are already rented. Secondly, it completely develops new properties in order to transfer them to its own portfolio on a long-term basis and generate rental income from them. VIB also holds investments in companies with real estate assets. 05.07.2019 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | VIB Vermögen AG |
Tilly-Park 1 | |
86633 Neuburg/Donau | |
Germany | |
Phone: | +49 (0)8431 / 9077 952 |
Fax: | +49 (0)8431 / 9077 973 |
E-mail: | ed.ga-biv@trehceir.artep |
Internet: | www.vib-ag.de |
ISIN: | DE0002457512 |
WKN: | 245751 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Munich (m:access), Stuttgart, Tradegate Exchange |
EQS News ID: | 836581 |
End of News | DGAP News Service |