Biotest AG: Biotest AG: Annual general meeting approves payout of dividend
News: Biotest AG / Key word(s): AGM/EGM
Biotest AG: Annual general meeting approves payout of dividend
- Dividend payout of EUR 0.05 per ordinary share and EUR 0.07 per preference share
Dreieich/ Frankfurt a. M., 30 August 2017. At the annual general meeting (AGM) held on 30 August 2017 in Frankfurt/ Main, shareholders of Biotest AG approved the payment of a dividend. With 79.6 percent of the ordinary share capital represented at the meeting, a payment of EUR 0.05 per ordinary share and EUR 0.07 per preference share was resolved with a high degree of approval. The overall dividend payment will amount to EUR 2.4 million.
The full text of the speech given by the CEO of Biotest AG, Dr. Bernhard Ehmer, at the AGM is available at:
Today it was also announced that the third project - milestone of the Biotest Next Level (BNL) project was reached lst week with the successful GMP * inspection by the competent authority (Regierungspräsidium Darmstadt). A successful acceptance of the inspection is a prerequisite for a permission of the laboratory operation and thus part of the manufacturer's license. The new BNL laboratories were classified as GMP*-adequate and were released with immediate effect without restrictions.
GMP*= Good manufacturing practice
Ordinary shares: securities' ID No. 522720; ISIN DE0005227201
This document contains forward-looking statements on overall economic development as well as on the business, earnings, financial and assets position of Biotest AG and its subsidiaries. These statements are based on current plans, estimates, forecasts and expectations of the company and are thus subject to risks and elements of uncertainty that could result in significant deviation of actual developments from expected developments. The forward-looking statements are only valid at the time of publication. Biotest does not intend to update the forward-looking statements and assumes no obligation to do so.
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