DGAP-News: Elmos Semiconductor AG / Key word(s): AGM/EGM
Elmos Semiconductor AG: Annual General Meeting approves dividend increase to 0.40 Euro per share

16.05.2018 / 14:45
The issuer is solely responsible for the content of this announcement.


Majority for all proposals on the agenda

Dortmund, Germany, May 16, 2018: Elmos Semiconductor AG held its 19th Annual General Meeting today. The shareholders in attendance approved a dividend increase to 0.40 Euro per share (previously 0.35 Euro) by a vote of 99%. The other proposals on the agenda were also approved by a large majority.

In his speech to shareholders, CEO Dr. Anton Mindl used examples to illustrate the motto "Innovation Matters." He presented a variety of dynamically growing products whose market success is primarily due to innovative features.

"Major advancements in driver assistance systems, electromobility, and new comfort and safety features, for example, are made possible only by the increased use of sensors, electronics, and software. Our products often play a key role in these systems, making our innovations an important piece in the puzzle for the car of the future," Mindl said. In addition to presenting the most recent financial figures, Mindl also confirmed the guidance for the current year.

The dividend will be paid on May 22, 2018.

About Elmos Semiconductor AG
Elmos develops, produces and markets semiconductors and sensors, primarily for use in the automotive industry. Our components communicate, measure, regulate and control safety, comfort, powertrain and network functions. For over 30 years, Elmos innovations have been bringing new functions to life and making mobility worldwide safer, more comfortable and more energy efficient.

Notice
This release contains forward-looking statements that are based on assumptions and estimates made by the Elmos management. Even though we assume the underlying expectations of the forward-looking statements to be realistic, we cannot guarantee the expectations will prove right. The assumptions may carry risks and uncertainties, and as a result actual events may differ materially from the forward-looking statements. Among the factors that could cause such differences are changes in general economic and business conditions, fluctuations of exchange rates and interest rates, the introduction of competing products, lack of acceptance of new products, and changes in business strategy. Elmos neither intends nor assumes any obligation to update its statements with respect to future events.

Contact
Elmos Semiconductor AG
Thalea Willms, Head of Investor Relations, Fon: +49231?7549?273
Mathias Kukla, Press Relations, Fon: +49231?7549?199
Email: invest@elmos.com


16.05.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: Elmos Semiconductor AG
Heinrich-Hertz-Str. 1
44227 Dortmund
Germany
Phone: +49 (0)231 7549-510
Fax: +49 (0)231 7549-111
E-mail: invest@elmos.com
Internet:http://www.elmos.com
ISIN: DE0005677108
WKN: 567710
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange

 
End of News DGAP News Service

685851  16.05.2018 

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