IBS AG excellence, collaboration, manufacturing
IBS AG excellence, collaboration, manufacturing: Press Release on the 2013 Annual General Meeting
IBS AG excellence, collaboration, manufacturing / Key word(s): AGM/EGM IBS AG excellence, collaboration, manufacturing: Press Release on the 2013 Annual General Meeting – Shareholders approve all administrative applications – Dividend distribution for the 2012 incomplete financial year set to 0.04 EUR per share – Actions of the members of the executive board and of the members of the board of management approved with clear majorities Hoehr-Grenzhausen, 18th March 2013 – The shareholders of IBS AG, listed in the Prime Standard of the Frankfurt Stock Exchange (ISIN DE0006228406), approved without exception each of the company's administrative applications at the annual general meeting on 15 March 2013. Approximately 96 percent of IBS AG's statutory nominal capital attended the shareholder meeting. IBS shareholders acknowledged the company's successful business development and approved the actions of the executive board and the board of management with clear majorities. IBS AG will distribute a total of 275K EUR to its shareholders from the balance sheet profit of 1,350K EUR as shown in the company's 2012 annual financial statement. The dividend per share is 0.04 EUR. 1,075K EUR are carried forward. With this dividend distribution, IBS AG underlines the company's comfortable capital and liquidity position. The annual general meeting also accepted all other proposals by the majority. The shareholders approved, for example, the adjustment of the remuneration of the board of management. Starting with the 2012/2013 financial year, the members of the board of management will receive a fixed annual remuneration in addition to the refund of their expenses and the sales tax to pay for the remuneration and the expenses for the respective expired financial year. This is 40K EUR for the chairman of the board of management and 10K EUR for any other member of the board of management. Furthermore, the annual general meeting approved the board of management's proposal to appoint the Stuttgart accountancy firm Ernst & Young GmbH as auditor and group auditor for the financial year of 2012/2013. Please refer to www.ibs-ag.de for the executive board's presentation for the annual general meeting and the voting results. About IBS AG: IBS AG is a leading supplier of cross-company standard software systems and consulting services for industrial quality, production, traceability and compliance management. In keeping with the corporate philosophy 'The Productivity Advantage', IBS AG's Best Practice solutions contribute to a sustainable boost in corporate productivity. IBS customers receive the support of a team of expe-rienced consultants and specialists throughout each project phase and beyond. IBS AG, founded in 1982, today employs 227 personnel in Europe, China and the USA. The Company is listed in the Prime Standard of the German Stock Exchange in Frankfurt/Main (ISIN DE0006228406). IBS AG software solutions amount to over 4,000 installations worldwide and can be found at companies such as Audi, Beam Global, BMW, BorgWarner, BOSCH, Caterpillar, Daimler, Electronic Networks, FCI Automotive, Kimberly Clark, Liebherr, Magna Automotive, KautexTextron, Parker Hannifin, Procter & Gamble, Rock Tenn, Porsche, Siemens, SMA Solar Technology, ThyssenKrupp and W.L. Gore. Contact:
Investor Relations IBS AG
Mr. Michael Lang
Mr. Stefan Ströder End of Corporate News 18.03.2013 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory 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: | IBS AG excellence, collaboration, manufacturing | |
Rathausstrasse 56 | ||
56203 Höhr-Grenzhausen | ||
Germany | ||
Phone: | +49 (0)9251 44 088-30 | |
Fax: | +49 (0)9251 44 088-31 | |
E-mail: | investorrelations@ibs-ag.de | |
Internet: | www.ibs-ag.de | |
ISIN: | DE0006228406 | |
WKN: | 622840 | |
Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart | |
End of News | DGAP News-Service |
204246 18.03.2013 |