During Delticom AG's Ordinary General Meeting (German Securities Code (WKN) 514680, ISIN DE0005146807, stock exchange symbol DEX), the shareholders today elected Mr. Andreas Prüfer and Mr. Michael Thöne-Flöge to the company's Supervisory Board. In the following meeting of the Supervisory Board, Andreas Prüfer was then elected as Chairman of the Supervisory Board and Mr. Thöne-Flöge was appointed as Deputy Chairman. Mr. Prüfer already resigned from his position as a member of Delticom's Managing Board at the start of March 2008 with effect from the end of today's General Meeting. Rainer Binder is thus Delticom's sole CEO as of today.
Andreas Prüfer is replacing Peter Stappen as Chairman of the Supervisory Board. Mr.
Stappen resigned his position as a member and Chairman of the Supervisory Board with effect from the end of today's General Meeting. Mr. Thöne-Flöge is Bernhard Schmid's successor, who resigned his position as a member of the Supervisory Board, and was appointed as a member of the Supervisory Board by Hanover Local Court with effect from November 16, 2007. This appointment has now been confirmed by the General Meeting.
77.03% of the share capital was present at the General Meeting of Europe's leading Internet tyre retailer. The shareholders approved all seven agenda items with a large majority. The shareholders will receive a dividend of € 2.00 per share for fiscal year 2007. This is thus up by € 0.80 per share or 67% year-on-year (€ 1.20).
During the General Meeting, the participants praised, above all, Delticom's strong market position and the disbursement to shareholders. The successful start to fiscal year 2008 with excellent revenues was also highlighted. "We added a new chapter to Delticom's eight-year success story last year," commented CEO Rainer Binder during his speech. "We are the cost leader and have again been able to combine growth with high margins. We enjoy very solid financing and are prepared for future growth."
Delticom will publish its three-month report next week on May 14, 2008.
Andreas Prüfer is replacing Peter Stappen as Chairman of the Supervisory Board. Mr.
Stappen resigned his position as a member and Chairman of the Supervisory Board with effect from the end of today's General Meeting. Mr. Thöne-Flöge is Bernhard Schmid's successor, who resigned his position as a member of the Supervisory Board, and was appointed as a member of the Supervisory Board by Hanover Local Court with effect from November 16, 2007. This appointment has now been confirmed by the General Meeting.
77.03% of the share capital was present at the General Meeting of Europe's leading Internet tyre retailer. The shareholders approved all seven agenda items with a large majority. The shareholders will receive a dividend of € 2.00 per share for fiscal year 2007. This is thus up by € 0.80 per share or 67% year-on-year (€ 1.20).
During the General Meeting, the participants praised, above all, Delticom's strong market position and the disbursement to shareholders. The successful start to fiscal year 2008 with excellent revenues was also highlighted. "We added a new chapter to Delticom's eight-year success story last year," commented CEO Rainer Binder during his speech. "We are the cost leader and have again been able to combine growth with high margins. We enjoy very solid financing and are prepared for future growth."
Delticom will publish its three-month report next week on May 14, 2008.
