ad pepper media International N.V. / Special Distribution of FundsBack to overview
Nuremberg, Amsterdam, April 5, 2011 – The Board of Directors and the Supervisory Board of ad pepper media International N.V. reached a decision today on a proposal to be put to the General Meeting of Shareholders to pay a special distribution of funds from capital reserves of EUR 0.05 per share for the financial year 2010. This dividend payment is contingent upon resolution by the General Meeting of Shareholders, which will take place on May 17, 2011.
On May 18, 2011, upon resolution of the General Meeting of Shareholders, the dividend shall be paid to those shareholders who are registered as holders of ad pepper media shares on the evening of May 17, 2011.
The bearer shares of ad pepper media International N.V. in the nominal amount of EUR 0.05 each shall be admitted for trading on the segment of the Regulated Market with additional follow-up obligations concerning admission to the Frankfurt Stock Exchange (Prime Standard) on May 18, 2011 as an “ex-capital repayment”.
This move still leaves ad pepper media International N.V. with liquid assets of approx. EUR 20 million, which, in combination with the successful business model, enables the Company to further pursue its growth strategy.
Investors who are liable to pay tax are advised to contact a tax consultant concerning the tax treatment of the capital repayment.
For further information:
Jens Körner (CFO)
ad pepper media International N.V.
Phone: +49 (0) 911 929057-0
Fax: +49 (0) 911 929057-157