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Sixt SE: Managing Board plans special dividend due to significantly higher equity ratio and thus significantly higher dividend for the financial year 2017

Sixt SE / Key word(s): Dividend
Sixt SE: Managing Board plans special dividend due to significantly higher equity ratio and thus significantly higher dividend for the financial year 2017

12-March-2018 / 10:14 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.


Managing Board plans special dividend due to significantly higher equity ratio and thus significantly higher dividend for the financial year 2017

Pullach, 12 March 2018 - The Managing Board of Sixt SE intends to propose to the forthcoming Annual General Meeting of the Company a dividend for the financial year 2017 of EUR 1.95 per ordinary share and EUR 1.97 per preference share, as well as an additional special dividend of EUR 2.05 per share for both share classes. This was resolved by the Managing Board at its meeting today on the basis of the preliminary, unaudited results for the financial year 2017. Subject to the approval of the shareholders at the Annual General Meeting, this corresponds to a total dividend of EUR 4.00 per ordinary share and EUR 4.02 per preference share (previous year: EUR 1.65 per ordinary share and EUR 1.67 per preference share. No special dividend was distributed for the previous year.).

Reason for the special dividend is mainly the significantly higher equity ratio of Sixt SE Group due to the good business and earnings performance in 2017 and the sale of its stake in the joint venture DriveNow to the BMW Group.

Contact:
Nicole Körnig
Investor Relations
Sixt SE
Tel.: +49 (0)89 74444-5104
Email: investorrelations@sixt.com


12-March-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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