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DGAP-News: Grammer AG: increase in dividend to EUR 0.65 per share approved

May 28, 2014

DGAP-News: Grammer AG / Key word(s): AGM/EGM Grammer AG: increase in dividend to EUR 0.65 per share approved 28.05.2014 / 15:39 --------------------------------------------------------------------- Grammer AG: increase in dividend to EUR 0.65 per share approved Amberg, May 28, 2014 - At Grammer AG's annual general meeting, the shareholders approved the proposal of the Executive Board and the Supervisory Board, passing a resolution to adopt an increased dividend of EUR 0.65 per share. This translates into an increase of 30 percent over the previous year. The basis for this decision was the new records which were achieved in the previous year. The dividend for 2012 had been EUR 0.50 per share. Accordingly, the company will be distributing around EUR 7.3 million on the total of 11,214,624 dividend-entitled shares, equivalent to around 47 percent of the unappropriated surplus which Grammer AG generated in the previous year. "2013 was a consistently good year for Grammer AG," said Hartmut MÜller, CEO, expressing his pleasure. "Despite a generally mixed year for the automotive industry, we were able to substantially improve our Company's revenues and profitability. By significantly increasing the dividend over the previous year, we are sharing this success with our shareholders." Almost 50% of the voting-entitled capital was represented at Grammer AG's annual general meeting. A large majority of shareholders voted to ratify the actions of the Executive Board and the Supervisory Board in 2013. All other resolutions of the agenda were also passed by the annual general meeting with the necessary majority. Company Profile GRAMMER AG, Amberg, Germany, is specialized in the development and production of components and systems for automotive interiors as well as driver and passenger seats for offroad vehicles (tractors, construction machinery, forklifts), trucks, buses and trains. The Seating Systems division comprises the truck and offroad seat segments as well as train and bus seating. In the Automotive division, we supply headrests, armrests and center console systems to premium automakers and automotive system suppliers. GRAMMER is represented in 19 countries worldwide with a workforce of more than 10,000 employees across its 30 subsidiaries. GRAMMER shares are listed in the SDAX segment of the German Stock Exchange, and are traded on the Munich and Frankfurt stock exchanges, via the Xetra electronic trading platform and on the OTC markets of the Stuttgart, Berlin and Hamburg stock exchanges Contact: GRAMMER AGRalf Hoppe Phone: 0049 9621 66 2200 investor-relations@grammer.com End of Corporate News --------------------------------------------------------------------- 28.05.2014 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: Grammer AG Postfach 14 54 92204 Amberg Germany Phone: +49 (0)9621 66-0 Fax: +49 (0)9621 66-1000 E-mail: investor-relations@grammer.com Internet: www.grammer.com ISIN: DE0005895403, DE0005895403 WKN: 589540, 589540 Indices: SDAX Listed: Regulierter Markt in Frankfurt (Prime Standard), MÜnchen; Freiverkehr in Berlin, DÜsseldorf, Hamburg, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 271121 28.05.2014


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Source: DGAP Corporate News


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