Deutsche Pfandbriefbank AG: pbb expected to pay its dividends without tax deduction for the next five to seven years
April 16, 2019 at 04:45 pm IST
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DGAP-Ad-hoc: Deutsche Pfandbriefbank AG / Key word(s): Dividend
Deutsche Pfandbriefbank AG: pbb expected to pay its dividends without tax deduction for the next five to seven years
16-Apr-2019 / 13:08 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Deutsche Pfandbriefbank AG (pbb) will be in a position to distribute dividends without deduction of taxes (i.e. free of capital gains tax and solidarity surcharge, as well as church tax where applicable) for the foreseeable future. Based on current assumptions, pbb expects this to apply for dividend payments pertaining to the next five to seven years - including the dividend for the 2018 financial year, which is yet to be resolved by the annual general meeting.
Contact:
Walter Allwicher
Head of Communications
+49 (0) 89 2880 28 787
16-Apr-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Language:
English
Company:
Deutsche Pfandbriefbank AG
Freisinger Strasse 5
85716 Unterschleissheim
Germany
Phone:
+49 (0) 89 2880 28 201
Fax:
+49 (0) 89 2880 22 28 201
E-mail:
info@pfandbriefbank.com
Internet:
http://www.pfandbriefbank.com
ISIN:
DE0008019001, Die internationalen Wertpapierkennnummern (ISIN) weiterer von der Deutsche Pfandbriefbank AG ausgegebener Finanzinstrumente sind abrufbar auf der Website der Deutsche Pfandbriefbank AG unter https://www.pfandbriefbank.com/investoren/pflichtveroeffentlichungen/ad-hoc-mitteilungen/liste-weiterer-finanzinstrumente.html. The International Securities Identification Numbers (ISINs) of further, financial instruments issued by Deutsche Pfandbriefbank AG are available on Deutsche Pfandbriefbank's Investor Relations website under https://www.pfandbriefbank.com/en/investors/mandatory-publications/ad-hoc-announcements/list-of-further-financial-instruments.html
WKN:
801900
Indices:
MDAX
Listed:
Regulated Market in Frankfurt (Prime Standard), Munich, Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover; London, Dublin, Mailand, Paris, Luxembourg Stock Exchange, SIX
Deutsche Pfandbriefbank AG is a Germany-based bank for real estate finance and public investment finance. The Company is engaged in three core business areas: Public Sector Finance, Real Estate Finance and Debt Instruments. Public Sector Finance includes the financing of public sector investments in the fields of infrastructure, municipal and residential construction, utilities and healthcare. In addition, it provides investment lending and debt management. Real Estate Finance includes real estate investment funding and financing instruments, such as financing investment projects, portfolio financing, standby facilities and derivatives. Debt Instruments includes fixed income bonds involving issuing mortgage and public sector debentures. The Company is active in Europe, notably in France, the United Kingdom, Benelux countries, Nordic countries, Switzerland, Spain, Hungary, and the Czech Republic. The Company is a part of the HRE Group, which is wholly owned by the German government.