Leifheit AG: Management propose an increased dividend of 3.00 Euro (previously 0.60 Euro) to the annual general meeting on 9 June 2010

Leifheit AG / Dividend

09.06.2010 10:37

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

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Nassau/Lahn, 09 June 2010  - In its meeting today, the Supervisory Board
decided to submit a modified proposal for the appropriation of earnings to
today's annual general meeting, under item 2 on the agenda.

In contrast to the management proposal for the appropriation of the 2009
earnings as announced in the electronic Federal Gazette on 29 April 2010,
the Board of Management and Supervisory Board are now submitting the
following motion to the annual general meeting: 'From the company's
earnings in the 2009 financial year of EUR 17,461,004.13, a dividend of EUR
0.60 and an additional special dividend of EUR 2.40 - i.e. EUR 3.00 in all
- shall be distributed to shareholders for each share entitled to dividend,
involving a total of EUR 14,249,628.00 for the 4,749,876 shares. The
remaining EUR 3,211,376.13 is carried forward.'

Previously, the proposed dividend was EUR 0.60 a share, which would have
distributed a total of EUR 2.8 million of the 2009 earnings. The additional
special dividend of EUR 2.40 is intended to enable shareholders to
participate in the proceeds of the sale of the spirella brand. Currently,
the company has liquid assets of c. EUR 46 million, which are available for
the distribution. In view of Leifheit AG's excellent financial situation,
the company will still have liquid assets of c. EUR 32 million after the
distribution, available to support and power Leifheit's expansion.

Additional information on the annual general meeting is available
http://www.leifheit.de/de/investor-relations/hauptversammlung/2010.html.


Contact:
Leifheit AG
D-56377 Nassau
ir@leifheit.com
+49 2604 977218





09.06.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      Leifheit AG
              Leifheitstraße
              56377 Nassau
              Deutschland
Phone:        02604 977-0
Fax:          02604 977-340
E-mail:       ir@leifheit.com
Internet:     www.leifheit.com
ISIN:         DE0006464506
WKN:          646450
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hannover, München, Hamburg, Stuttgart
 
End of News                                     DGAP News-Service
 
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