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EQS-News: Ernst Russ AG / Key word(s): Dividend/Capital Increase
Ernst Russ AG: Publication of the acceptance rate for the scrip dividend in 2024
2024-06-24 / 17:30 CET/CEST
The issuer is solely responsible for the content of this announcement.
Ernst Russ AG: Publication of the acceptance rate for the scrip dividend in 2024
These materials are not an offer of the solicitation of an offer for securities for sale in the United States. The
subscription rights and the shares referred to herein have not been and will not be registered under the U.S.
Securities Act of 1933, as amended ("Securities Act"). The subscription rights may only be exercised, and the new
shares may only be offered or sold, pursuant to an exemption from, or in transactions not subject to, the registration
requirement of the Securities Act.
NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN.
Hamburg, 24 June 2024 - Ernst Russ AG again offered its shareholders a stock dividend for the 2023 financial year.
Shareholders thus had the opportunity to choose between receiving their dividend in cash or shares, in full or in part,
during the subscription period from 31 May 2024 to 14 June 2024.
In total, shareholders with around 3.0% of the shares entitled to dividends opted to receive their dividend in shares.
Shareholders who opted for a cash dividend will receive a total distribution of around EUR 32.5 million. Based on the
acceptance rate, 189,025 new shares will be issued, increasing the total number of Ernst Russ shares by approximately
0.6% to 33,689,311 shares in future.
The new shares are expected to be included in trading on the open market of the Frankfurt Stock Exchange (Scale) and
the open market of the Hanseatische Wertpapierbörse Hamburg (Mittelstandsbörse Deutschland) on 9 July 2024.
About the Ernst Russ Group: Ernst Russ AG is an internationally operating ship-owner and maritime investment manager
based in Hamburg. Parts of the company date back to 1893. The Group currently manages a fleet of 29 fully consolidated
vessels. The focus here is on container ships with a capacity of between 700 to 4,200 TEU, complemented by two larger
container vessels with approximately 6,600 and 13,400 TEU, respectively, along with a Handysize bulker with 38,000 dwt
and a multi-purpose vessel. Ernst Russ AG expands its fleet on an ongoing basis thus ensuring stable and sustainable
added value for its shareholders.
Contact:
Ernst Russ AG
Anika Hillmer
Investor Relations
Tel. +49 40 88 88 1 1800
E-Mail: ir@ernst-russ.de
2024-06-24 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Archive at www.eqs-news.com  
Language:     English 
Company:      Ernst Russ AG 

Elbchaussee 370
22609 Hamburg
Germany

Phone:        +49 (0)40 88881-0 
Fax:          +49 (0)40 88881-199 
E-mail:       ir@ernst-russ.de 
Internet:     www.ernst-russ.de 
ISIN:         DE000A161077 
WKN:          A16107 
Listed:       Regulated Unofficial Market in Berlin, Frankfurt (Scale), Hamburg, Tradegate Exchange 
EQS News ID:  1931875 

End of News EQS News Service
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1931875 2024-06-24 CET/CEST

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END) Dow Jones Newswires

June 24, 2024 11:30 ET (15:30 GMT)