TAKKT AG: Change of the dividends policy and dividend proposal for the 2015 financial year

TAKKT AG  / Key word(s): Dividend

17.02.2016 18:44

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


The Management Board of TAKKT AG has decided today to put forward a
proposal to the Supervisory Board to change the dividend policy to a future
payout ratio in a corridor of between 35 and 45 percent of the profit for
the period. The dividend corridor would replace the existing dividend
policy in its entirety. TAKKT had generally paid out 30 percent of the
profit for the period as an ordinary dividend but not less than the
ordinary dividend of the previous year. The existing provision also
included the distribution of an additional special dividend if the total
equity ratio reached or exceeded the upper end of TAKKT's own target
corridor of 30 to 60 percent.

With the change in the dividend policy TAKKT strives for a dividend stream
that is as consistent and reliable as possible and also intends the
shareholders to participate in a greater degree in the company's success.

As a consequence of the proposed change of the dividend policy, the
Management Board of TAKKT AG also resolved - subject to the approval of the
Supervisory Board - to propose to the Shareholders' Meeting on May 10, 2016
a dividend payout of EUR 0.50 per share for the 2015 financial year. This
corresponds to a payout ratio of 40 percent of the profits for the period.
In the previous year, a dividend of EUR 0.23 per share was distributed.

17.02.2016 The DGAP Distribution Services include Regulatory Announcements,
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Language:     English
Company:      TAKKT AG
              Presselstr. 12
              70191 Stuttgart
Phone:        +49 (0)711 346 58 -0
Fax:          +49 (0)711 346 58 - 10
E-mail:       investor@takkt.de
Internet:     www.takkt.de
ISIN:         DE0007446007
WKN:          744600
Indices:      SDAX
Listed:       Regulated Market in Frankfurt (Prime Standard), Stuttgart;
              Regulated Unofficial Market in Berlin, Dusseldorf, Munich
End of Announcement                             DGAP News-Service

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