DGAP-News: GRENKELEASING AG: GRENKE's Scrip Dividend

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News Desk 2018

May 6, 2014 at 5:15 AM

DGAP-News: GRENKELEASING AG: GRENKE's Scrip Dividend achieves a good rate of acceptance

DGAP-News: GRENKELEASING AG / Key word(s): Dividend/Capital Increase GRENKELEASING AG: GRENKE's Scrip Dividend achieves a good rate of acceptance 06.05.2014 / 10:59 --------------------------------------------------------------------- Not for distribution, publication, or dissemination in the USA, Canada, Australia, or Japan, or any other countries in which such a publication may be unlawful. GRENKE's Scrip Dividend achieves a good rate of acceptance * Nearly 40% of the total number of shares chose a dividend payment in the form of shares * Scrip Dividend is an attractive and innovative way for GRENKE shareholders to increase their commitment to the Company Baden-Baden, May 6, 2014: The option, offered by GRENKE to shareholders for the first time to receive the dividend exclusively in cash or as a combination of cash and shares in GRENKELEASING AG (Scrip Dividend), was well received. The Scrip Dividend was chosen by 39.4% of the outstanding shares. At a subscription ratio of 106.9:1, a total of 54,199 new shares will be issued. The cash payment amounts to approximately EUR 10.6 million. "For the first time, GRENKE shareholders had the choice of receiving part of the dividend in the form of additional shares in GRENKE. The good acceptance of the shareholders met our expectations. Shareholders used this opportunity to increase their commitment to GRENKE and to strengthen the financial position and equity base by reinvesting their dividend in the Company", commented Wolfgang Grenke, Chairman of the Board of Directors of GRENKELEASING AG. "These funds support our growth strategy to position GRENKE as a globally operating Company", explained JÃ¶rg Eicker, Chief Financial Officer (CFO) of GRENKELEASING AG. After the entry of the consummation of the capital increase in the commercial register, the new shares will be admitted and will be posted to the depositary accounts of the shareholder, presumably on May 8, 2014. The payment of the cash dividend, the settlement of fractional shares, and the payment of the Post Tax Adjustment Amount will presumably take place on today's date. Should you have any queries, please contact: Renate Hauss Tel.: +49 7221 5007-204 Fax: +49 7221 5007-4218 E-mail: investor@grenke.de The GRENKE Group The GRENKE Group is a broadly diversified provider of efficient services in Small-Ticket-IT-Leasing, Factoring and Banking for small and medium-sized companies. In addition, the GRENKE Bank offers its classic online services also to private customers. The GRENKE Group is independent of vendors and banks and holds a leading market position in Europe in the field of small-ticket IT leasing for products such as PCs, notebooks, copiers, printers, or software of relatively low asset value. The GRENKE Group operates in 27 countries and employs more than 900 staff. GRENKELEASING AG is listed in the Prime Standard of the Frankfurt Stock Exchange and is included in the SDAX. GRENKELEASING AG shares are listed in the SDAX on the Frankfurt Stock Exchange with the code GLJ, ISIN DE0005865901. Information on the GRENKE Group and its products is available at http://www.grenke.de This document is not for publication or distribution, directly or indirectly, in or into the United States. This document does not constitute or form part of an offer of securities or subscription rights for sale or solicitation of an offer to purchase securities or subscription rights in the United States, Canada, Australia, Japan or in any other jurisdiction where such offer may be restricted. The securities and subscription rights referred to in this document have not been, and will not be, registered under the US Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States or to or for the account or benefit of US persons (as such term is defined in Regulation S under the Securities Act), except on the basis of an applicable exemption from registration or in a transaction not subject to the registration requirements of the Securities Act. There will be no public offering of securities and subscription rights in the United States or anywhere else, except for Germany. End of Corporate News --------------------------------------------------------------------- 06.05.2014 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: GRENKELEASING AG Neuer Markt 2 76532 Baden-Baden Germany Phone: +49 (0)7221 50 07-204 Fax: +49 (0)7221 50 07-4218 E-mail: investor@grenke.de Internet: www.grenke.de ISIN: DE0005865901 WKN: 586590 Indices: SDAX Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, DÃ¼sseldorf, Hamburg, MÃ¼nchen, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 266606 06.05.2014

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