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TTL INFORMATION TECHNOLOGY AG (FRA:TTO) TTL Beteiligungs- und Grundbesitz-AG: TTL pays special dividend, confirms dividend forecast and expands investment portfolio by entering into transaction platform agreement with Rockstone Real Estate Group

Directive transparence : information réglementée

18/06/2019 08:29

DGAP-Ad-hoc: TTL Beteiligungs- und Grundbesitz-AG / Key word(s): Dividend/Agreement
TTL Beteiligungs- und Grundbesitz-AG: TTL pays special dividend, confirms dividend forecast and expands investment portfolio by entering into transaction platform agreement with Rockstone Real Estate Group

18-Jun-2019 / 08:29 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Munich, 18 June 2019

TTL pays special dividend, confirms dividend forecast and expands investment portfolio by entering into transaction platform agreement with Rockstone Real Estate Group

  • GEG sale has now been completed and proceeds of around EUR 160 million have been received
  • TTL focuses on growth
  • Agreement signed with Rockstone Real Estate Group (Hamburg, Berlin, Munich) to establish a transaction platform
  • Special dividend of EUR 0.12 per share planned for September
  • Dividend forecast of EUR 0.20-0.25 per share for the 2019 financial year confirmed

 

TTL Beteiligungs- und Grundbesitz-AG (ISIN DE0007501009) ("TTL AG", "TTL") plans to distribute a special dividend of EUR 0.12 per share after the sale of its stake in GEG has been completed. A corresponding resolution will be submitted to the shareholders for decision at an extraordinary general meeting on September 26, 2019. The dividend will be paid out immediately thereafter. In addition, the Company reiterates its dividend forecast of EUR 0.20 - 0.25 per share for the 2019 financial year (resolution to be passed at the Annual General Meeting in spring 2020).

On 17 June 2019, an agreement was signed with Rockstone Real Estate Group to establish a transaction platform.
 

Notifying person

Theo Reichert
CEO
Tel: +49 89 381611-0
presse@ttl-ag.de
 

Media and Investor Relations contact

Annette Kohler-Kruse
Instinctif Partners
Tel. +49 89 3090 5189-23
ir@ttl-ag.de
presse@ttl-ag.de


18-Jun-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: TTL Beteiligungs- und Grundbesitz-AG
Theresienhöhe 28
80339 München
Germany
Phone: +49 (0)89 381611-0
Fax: +49 (0)89 3915-92
E-mail: ir@ttl-ag.de
Internet: www.ttl-ag.de
ISIN: DE0007501009
WKN: 750100
Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 825977

 
End of Announcement DGAP News Service

825977  18-Jun-2019 CET/CEST

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