DGAP-Adhoc: CTS Eventim AG & Co. KGaA: Change in the proposal for the appropriation of profits to the Annual General Meeting
DGAP-Ad-hoc: CTS Eventim AG & Co. KGaA / Key word(s): Dividend Ad-hoc announcement
In view of the high economic uncertainty due to the COVID-19 pandemic, which will continue to prevail for the time being, it will be proposed to the Annual General Meeting to suspend the dividend for the year 2019 and to carry forward the net profit for the financial year 2019 to new account. This should proactively further strengthen the Company's liquidity position and improve the Company's financial flexibility. In accordance with the new rules of the German Stock Corporation Act recently created in the wake of the COVID-19 crisis, the Annual General Meeting 2020 is to be held as an online Annual General Meeting without physical participation of shareholders on 19 June 2020. About CTS EVENTIM For further information, please contact:
06-May-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | CTS Eventim AG & Co. KGaA |
Rablstr. 26 | |
81669 München | |
Germany | |
Phone: | 0421/ 3666-0 |
Fax: | 0421/ 3666-290 |
E-mail: | [email protected] |
Internet: | www.eventim.de |
ISIN: | DE0005470306 |
WKN: | 547030 |
Indices: | MDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1037633 |
End of Announcement | DGAP News Service |
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1037633 06-May-2020 CET/CEST
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