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EQS-Adhoc: VIB Vermögen AG: Suspension of dividend for financial year 2022 planned

EQS-Ad-hoc: VIB Vermögen AG / Key word(s): Dividend
VIB Vermögen AG: Suspension of dividend for financial year 2022 planned

10-Feb-2023 / 13:21 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014 (Market Abuse Regulation)

VIB Vermögen AG: Suspension of dividend for financial year 2022 planned


VIB Vermögen AG, Tilly-Park 1, 86633 Neuburg/Donau (Germany), February 10, 2023

Management Board and Supervisory Board of VIB Vermögen AG, Neuburg/Donau (ISIN: DE000A2YPDD0), today decided not to propose a dividend payment for the financial year 2022 (previous year: dividend of 0.85 euros per share) to the upcoming Annual General Meeting in deviation from the previous dividend policy. Instead, the net profit of around 53.9 million euros is to be carried forward. The suspension of the dividend is intended to promote the growth strategy of VIB Vermögen AG and strengthen liquidity for the further expansion of the business and upcoming investments in the area of project development.

The Management Board
VIB Vermögen AG

 

Contact

VIB Vermögen AG

Investor Relations:

Tilly-Park 1

86633 Neuburg/Donau

Tel.: + 49 (0)8431 9077-961

Fax: + 49 (0)8431 9077-1961

E-Mail: anja.landes-schell@vib-ag.de

 

Important note

This publication constitutes neither an offer to sell nor a solicitation to buy securities.

Insofar as this publication contains forward-looking statements, these do not represent facts and are identified by the words "will", "expect", "believe", "estimate", "intend", "aim", "assume" and similar formulations. These statements express intentions, views or current expectations and assumptions of the VIB Vermögen AG and the persons acting jointly with it. The forward-looking statements are based on current plans, estimates and forecasts which the VIB Vermögen AG and the persons acting jointly with it have made to the best of their knowledge, but do not make any statement about their future correctness. Forward-looking statements are subject to risks and uncertainties that are mostly difficult to predict and are usually not within the sphere of influence of the VIB Vermögen AG or the persons acting jointly with it. It should be taken into account that the actual results or consequences may differ significantly from those stated or contained in the forward-looking statements. The VIB Vermögen AG does not assume any obligation to update such forward-looking statements or to adjust them to future events or developments.


10-Feb-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language:English
Company:VIB Vermögen AG
Tilly-Park 1
86633 Neuburg/Donau
Germany
Phone:+49 (0)8431 / 9077 961
Fax:+49 (0)8431 / 9077 1961
E-mail:anja.landes-schell@vib-ag.de
Internet:www.vib-ag.de
ISIN:DE000A2YPDD0
WKN:A2YPDD
Listed:Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Munich (m:access), Stuttgart, Tradegate Exchange
EQS News ID:1557341

 
End of AnnouncementEQS News Service

1557341  10-Feb-2023 CET/CEST

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