General meeting of Kapsch TrafficCom AG decides on dividend of EUR 0.90

The first public general meeting of Kapsch TrafficCom AG was held today and decided to pay a dividend of EUR 0.90 per share for financial year 2007/08. This corresponds to a disbursement ratio of 35% or around EUR 11 million. The stock will go ex-dividend on 17 July 2008 and the dividend would be paid on 24 July 2008.

A total of 7 agenda items were discussed, all of which were unanimously accepted by the shareholders present. William Morton Llewellyn was voted in as a new member of the Supervisory Board of Kapsch TrafficCom AG. There was also a decision to change the bylaws § 6 (announcements).
 

Kapsch TrafficCom is an international supplier of innovative road traffic telematics solutions. Its principle business is the development and supply of electronic toll collection (ETC) systems, in particular for the multi-lane free-flow (MLFF) of the traffic, and the technical and commercial operation of such systems. Kapsch TrafficCom also supplies traffic management systems, with a focus on road safety and traffic control, and electronic access systems and parking management. With more than 140 reference projects in 30 countries in Europe, Australia, Latin America, in the Asian/Pacific region and in South Africa, and with almost 12 million on-board units (OBUs) and nearly 11,000 equipped lanes, Kapsch TrafficCom has positioned itself among the leading suppliers of ETC systems worldwide. Kapsch TrafficCom is headquartered in Vienna, Austria, and has subsidiaries and representative offices in 20 countries.

   Press release  -  53 KB