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All items on the agenda approved by large majority of shareholders

  • Dividend of 8 cents per share approved
  • Discharge granted to the Executive Board and Supervisory Board at MLP at the Annual General Meeting in Wiesloch with an approval rate of more than 98 percent
  • Shareholders decide in favour of change of corporate form to a European company (SE)

Wiesloch, June 29, 2017 – At today's regular Annual General Meeting of MLP AG at the Palatin Congress Centre in Wiesloch, the shareholders approved all items on the agenda with a large majority. As such, 99.99 percent voted in favour of the suggested profit distribution of 8 cents per share. Discharge was granted to the Executive Board and Supervisory Board with an approval rate of 99.99 and 98.53 percent respectively. With an approval rate of 98.73 percent, the shareholders also accepted the proposal to appoint KPMG AG Wirtschaftsprüfungsgesellschaft, Berlin, Germany as auditor and Group auditor for the financial year 2017.

Furthermore, consent was granted for authorising the acquisition of own shares (99.79 percent) and for authorising the use of equity derivatives when acquiring own shares (99.79 percent). A key difference to the previous global authorisation is that the bought-back shares can also be used for participation programmes for managers, employees and MLP consultants in the Group. Accordingly, the previous participation programme for MLP consultants of MLP Finanzdienstleistungen AG, which is linked to a bonus payment, is to be replaced. The aim is to further increase the collaborative components in the MLP business model.

For the resolution on the change of corporate form to a European company (SE), 99.79 percent "yes" votes were cast.

In total, more than 450 shareholders took part in the Annual General Meeting. Those in attendance represented around 71.40 percent of the share capital.

Overview of voting results

Item Yes votes in percent
Resolution concerning the use of unappropriated profit as per December 31, 2016
99.99
Resolution on the discharge of the Executive Board for the financial year 2016
99.99
Resolution on the discharge of the Supervisory Board for the financial year 2016
98.53
Appointment of the auditor for the financial statements and the consolidated financial statements for the financial year 2017
98.73
Resolution on the authorisation to acquire own shares including their utilisation under exclusion of subscription rights
99.79
Resolution on the authorisation regarding the use of equity derivatives when acquiring own shares
99.79
Resolution on the change in corporate form of the Company to a European company (SE)
99.79