AURELIUS AG: Press Release on the Annual General Meeting 2015

15.06.2015

AURELIUS AG: Press Release on the Annual General Meeting 2015

  • Record dividend of EUR 2.00 per share (+90 percent)
  • New Supervisory Board elected
  • Shareholders approve conversion to SE & Co. KGaA

Munich, June 15, 2015 – Today’s annual general meeting of AURELIUS AG (ISIN: DE000A0JK2A8) held in Munich had a presence of 72.19 percent of share capital.

As proposed by the Management, the shareholders resolved to increase the dividend to EUR 2.00 per share (+90 percent), as compared to 1.05 EUR per share last year. This amount is composed of a base dividend, which was raised from EUR 0.70 last year to EUR 0.80, and a participation dividend of EUR 1.20 (PY: EUR 0.35) for the successful company sales in the past financial year. Therefore, a total dividend of EUR 62.8 million (from the distributable profit for financial year 2014 of EUR 133.0 million) will be paid to the shareholders of AURELIUS AG on Tuesday, June 16, 2015.

The shareholders at today’s annual meeting also re-elected the company’s Supervisory Board. Mr. Dirk Roesing, Prof. Dr. Bernd Mühlfriedel, and Mr. Holger Schulze were re-elected as Supervisory Board members, and Dr. Thomas Hoch was re-elected as an alternate member. In its constitutive meeting, Dirk Roesing was elected as the Chairman and Prof. Dr. Bernd Mühlfriedel as the Vice Chairman of the Supervisory Board.

The shareholders also approved the proposed change of legal form from a stock corporation under German law (AG) to a commercial partnership limited by shares (KGaA). This conversion is meant to help the AURELIUS Group continue on a course of consistent growth, particularly also outside of Germany, and continue writing the company’s success story. The proposed change of legal form creates the structural conditions that will preserve the ability of the Executive Board and Supervisory Board to quickly make decisions and take appropriate actions, and enable AURELIUS to conduct successful company transactions in the future as well. It also creates the structural conditions that will enable major shareholders to exert direct influence on the composition of the Supervisory Board, which appoints members of the Executive Board and supervises their work. In connection with the change of legal form, AURELIUS Management SE, a European stock corporation (Societas Europaea, SE) managed by the Executive Board, will join the company as general partner and exercise the management and representation of the company in the future. The change of legal form will take effect upon being recorded in the Commercial Register. The Executive Board of AURELIUS Management SE is identical with the current Executive Board of AURELIUS AG, consisting of Dr. Dirk Markus (Chairman), Mr. Gert Purkert, and Mr. Donatus Albrecht.  

The Supervisory Board of AURELIUS Management SE is composed of the currently serving members of the Supervisory Board of AURELIUS AG, Messrs. Dirk Roesing and Holger Schulze, and the current alternate member of the Supervisory Board AURELIUS AG, Dr. Thomas Hoch.

Also in the future, the company’s partners will be able to exert significant influence on the composition of the Supervisory Board of AURELIUS Management SE, among other matters, by way of a newly formed Board of Partners elected by the shareholders. Mr. Dirk Roesing, Holger Schulze and Dr. Thomas Hoch were elected to the Board of Partners of SE & Co. KGaA.

From the time following the conversion to an SE & Co. KGaA to the successful conduct of a status proceeding for AURELIUS SE & Co. KGaA, the current members of the Supervisory Board of AURELIUS AG, Mr. Dirk Roesing, Prof. Dr. Bernd Mühlfriedel, and Mr. Holger Schulze, will continue to serve as members of the three-member Supervisory Board of AURELIUS SE & Co. KgaA. After the status procedure is completed, the Supervisory Board of AURELIUS SE & Co. KGaA will be enlarged to 12 members.