PORR AGM approves higher dividends and share split

Vienna, 3 June 2015 – In today's 135th Annual General Meeting, PORR AG approved the payout of a dividend of EUR 1.50 per share for the 2014 business year. This represents an increase of 50% against the dividend paid out in the 2013 business year (EUR 1.00 per share). 8 June 2015 was scheduled as the ex-dividend date, the payout date of the dividend is 9 June 2015.
 
The AGM also resolved on a share split at a ratio of 1:2, whereby the number of shares will rise to 29,095,000 and every share will participate in share capital at a pro-rata rate of EUR 1.00 in the future. The registration of the shares from the share split and the adjustment of the share price on the Vienna stock exchange is expected to be carried out in late June 2015 (further details on the effective date to follow).
 
"Today's Annual General Meeting yielded two more important results for the PORR shareholders", said Karl-Heinz Strauss, CEO of PORR AG. "The renewed increase in dividends by 50% proves that the PORR share represents a sound investment. The approved share split will also contribute to liquidity. Trading PORR shares will therefore be more straightforward, making them even more appealing to smaller-scale investors".