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DGAP-Adhoc: Siltronic AG: Siltronic resolves upon Dividend Policy (english)

14/09/2017 - 12:23

    Siltronic AG: Siltronic resolves upon Dividend Policy

DGAP-Ad-hoc: Siltronic AG / Key word(s): Dividend
Siltronic AG: Siltronic resolves upon Dividend Policy

14-Sep-2017 / 12:23 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by
DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Ad hoc announcement / Disclosure of an inside information according to
Article 17 MAR

Siltronic AG
Hanns-Seidel-Platz 4
81737 Munich

Siltronic resolves upon Dividend Policy

Munich, Germany, 14 September 2017 - The shareholders of Siltronic AG shall
adequately participate in the positive business performance of the Siltronic
Group including the significant improvement of its results and Free Cash
Flow since the beginning of the fiscal year.

Therefore, the Executive Board today resolved upon a dividend policy that
aims at distributing around 40% of the consolidated earnings of the
Siltronic Group according to IFRS principles, attributable to the

This dividend policy reflects the current objective of the Executive Board
and may be adapted at a later stage. Preconditions for the dividend payment
are the availability of a distributable net profit and a sufficient
liquidity development of Siltronic AG. In addition, the dividend payment
requires each year respective proposals on the appropriation of profits by
the Executive Board and the Supervisory Board, whereby, however, each of
these Boards may deviate from the dividend policy due to the then current
circumstances. The General Meeting resolves upon the distribution of the


Petra Müller
Head of Investor Relations & Communications
Tel.: +49 (0)89 8564 3133

Important Information
This announcement contains forward-looking statements that are based on
assumptions and estimates of the management board of Siltronic AG. Although
we consider the expectations of the forward-looking statements as realistic,
we cannot guarantee that they will prove to be correct. The assumptions may
contain risks and uncertainties which may lead to a significant deviation of
the actual numbers from the forward-looking statements. Factors which may
lead to such a deviation are, inter alia, changes in the overall economy and
in the business environment, changes in the currency and interest rates, the
introduction of products that are competitive to our products, acceptance
problems with new products or services as well as changes in the corporate
strategy. Siltronic neither intends, nor assumes any obligation, to update
these forward-looking statements.

This document includes - in the applicable financial reporting framework not
clearly defined - supplemental financial measures that are or may be
alternative performance measures. These supplemental financial measures
should not be viewed in isolation or as an alternative to measures of
Siltronic's net assets and financial positions or results of operations as
presented in accordance with the applicable financial reporting framework in
its Consolidated Financial Statements. Other companies that report or
describe similarly titled alternative performance measures may calculate
them differently. Explanations of financial measures used can be found in
the Annual Report 2016 of Siltronic AG.


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   Language:    English
   Company:     Siltronic AG
                Hanns-Seidel-Platz 4
                81737 Munich
   Phone:       +49 89 8564 3133
   Fax:         +49 89 8564-3904
   ISIN:        DE000WAF3001
   WKN:         WAF300
   Indices:     TecDAX
   Listed:      Regulated Market in Frankfurt (Prime Standard); Regulated
                Unofficial Market in Berlin, Dusseldorf, Stuttgart,
                Tradegate Exchange

   End of Announcement    DGAP News Service

609723 14-Sep-2017 CET/CEST


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