2014-08-29
Bastei Lübbe AG: Subject: Correction to the Statement on Dividend Issuance in the 2013/2014 Annual Report for Bastei Lübbe AG
Bastei Lübbe AG / Key word(s): Dividend29.08.2014 16:11Dissemination of an Ad hoc announcement according to § 15 WpHG, transmittedby DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.---------------------------------------------------------------------------Ad hoc Press Release in accordance with §15 WpHG (German Securities TradingAct):Subject: Correction to the Statement on Dividend Issuance in the 2013/2014Annual Report for Bastei Lübbe AGCologne, 29 August 2014. The following statement was included on page 76 ofthe 2013/2014 Annual Report from Bastei Lübbe AG, as well as in theinvitation to the Annual General Meeting of Bastei Lübbe AG, regarding theproposed resolution by the board and the supervisor council on the profitdistribution:"The Board of Directors and Supervisory Board propose to the GeneralAssembly that the balance sheet profits of Bastei Lübbe AG be issued asdividends in the amount of EUR 0.28 per individual share certificate".Building on that reporting of this proposed resolution, page 76 of the2013/2014 Annual Report (but not the invitation to the Annual GeneralMeeting) also contains the following statement:"The dividends should be drawn in full from the tax-deductible depositaccount in the sense of § 27 KStG (Corporate Stock Act) and thus be paidwithout withholding for capital gains tax and the solidarity taxcontribution".This statement is inaccurate. A dividend of this kind cannot be drawn froma tax-deductible deposit account. If the General Assembly ratifies profitdistribution, then the payment of the dividends will be made with thestandard deductions for capital gains tax, the solidarity tax contributionon the capital gains tax and where applicable the Church tax on the capitalgains tax.About Bastei Lübbe AG:Bastei Lübbe AG is a publically held media company organised around itspublishing venture. The Cologne-based company currently has around 335employees. It publishes books, audio books, ebooks and digital products inboth the literary and popular science genres, as well as serialised novelsand puzzle magazines. Bastei Lübbe is also actively involved in brandlicensing and the development, production and distribution of gift,decoration and merchandising articles. Bastei Lübbe has for many yearsenjoyed an almost unbroken streak as the market leader in the growingsegment of hard-cover literature; in 2013 its literary ebooks division wasalso ranked number one on the market. 2013 saw the company's 60thanniversary celebration and its launch as a publicly traded company. Sharesof Bastei Lübbe AG are listed in the Prime Standard segment of theFrankfurt Stock Exchange (WKN A1X3YY, ISIN DE000A1X3YY0).Contact for Bastei Lübbe AG:Barbara FischerDirector of PR and Event MarketingTel.: +49 (0) 221 / 82 00 28 50Email: barbara.fischer@luebbe.de29.08.2014 The DGAP Distribution Services include Regulatory Announcements,Financial/Corporate News and Press Releases.Media archive at www.dgap-medientreff.de and www.dgap.de--------------------------------------------------------------------------- Language: EnglishCompany: Bastei Lübbe AG Schanzenstraße 6 - 20 51063 Köln GermanyPhone: 02 21 / 82 00 - 0Fax: 02 21 / 82 00 - 1900E-mail: investorrelations@luebbe.deInternet: www.luebbe.deISIN: DE000A1X3YY0, DE000A1K0169WKN: A1X3YY, A1K016Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------