DGAP-Adhoc: Einhell Germany AG: Confirmation of dividend proposal

DGAP-Ad-hoc: Einhell Germany AG / Key word(s): Dividend
Einhell Germany AG: Confirmation of dividend proposal

28-Apr-2020 / 10:39 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

"Ad hoc announcement according to Article 17 MAR"

Confirmation of dividend proposal

Einhell Germany AG (ISIN: DE 0005654933) which is listed under Prime Standard of Deutsche Börse AG announces the following:

The board of directors and the supervisory board will propose at the general meeting on 19 June 2020, a dividend unchanged to the previous year of € 1.40 per preferred share and € 1.34 per common share.

After the difficult situation caused by the Corona crisis has eased somewhat in the past few days in some countries and the restrictions have been relaxed, the Einhell Group is again seeing a more positive picture on the markets. Due to these tendencies and the Einhell Group's good availability of liquid funds, the Management Board has finally decided to submit the dividend proposal mentioned above to the Annual General Meeting.

Landau/Isar, 28 April 2020

The Board of Directors

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Language: English Company: Einhell Germany AG Wiesenweg 22 94405 Landau/Isar Germany Phone: +49 (0)9951-942-166 Fax: +49 (0)9951-942-293 E-mail: helmut.angermeier@einhell.com Internet: www.einhell.com ISIN: DE0005654933, DE0005654909 WKN: 565493, 565490 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange EQS News ID: 1031309
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1031309 28-Apr-2020 CET/CEST