|
DGAP-News: PATRIZIA AG
/ Key word(s): AGM/EGM
PATRIZIA publishes in advance the speeches of the Management Board for the Annual General Meeting 2020
Due to the ongoing corona pandemic, PATRIZIA AG will hold its Annual General Meeting on July 1, 2020 in virtual form and without the physical presence of shareholders or their representatives. In order to ensure the best possible dialogue with shareholders, PATRIZIA will publish the speeches of CEO Wolfgang Egger and CFO Karim Bohn in advance on the company's Annual General Meeting website on the Internet. This also allows shareholders to ask questions relating to the speeches via the company's AGM portal. The texts of the speeches and details on the conduct of the virtual Annual General Meeting are available at the following address: /en/shareholders/annual-general-meetings/2020/ In his speech Wolfgang Egger describes PATRIZIA's "Strategy 2023" published in 2019, which will be based on the four pillars "Simplification", "Services", "Scope" and "Stability". In addition, PATRIZIA AG has set itself the goal of using its expertise beyond the real estate spectrum and becoming the leading partner for global real assets. The company's new vision also stands for this: "PATRIZIA: A leading partner for global real assets". In addition to organic and inorganic growth, social responsibility will remain an essential part of PATRIZIA's DNA. For this reason, the PATRIZIA Children Foundation has created the "Corona Fund Education Healthcare" to prevent the Corona pandemic from developing into an even more serious educational and social crisis for children in need. Karim Bohn confirms in his speech that PATRIZIA is and will remain a strong and reliable partner for all stakeholders. The proposal to pay a dividend of EUR 0.29 per dividend-bearing share is therefore reaffirmed. The basis for this is provided by the growth in management fees and assets under management in 2019. At the end of 2019, the company had freely available liquidity of EUR 607.0 million and is therefore well positioned to overcome the current crisis and emerge from it stronger. The forecast for the operating income 2020 remains unchanged at EUR 100.0 - 140.0 million. PATRIZIA AG: Martin Praum Head of Investor Relations Phone: +49 (0)821 50910-402 Â
26.06.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
| Language: | English |
| Company: | PATRIZIA AG |
| Fuggerstraße 26 | |
| 86150 Augsburg | |
| Germany | |
| Phone: | +49 (0)821 - 509 10-000 |
| Fax: | +49 (0)821 - 509 10-999 |
| E-mail: | |
| Internet: | |
| ISIN: | DE000PAT1AG3 |
| WKN: | PAT1AG |
| Indices: | SDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1080055 |
| Â | |
| End of News | DGAP News Service |
|
|
1080055Â Â 26.06.2020Â
