The process of issuing these bonus shares will double the total number of shares in Dürr AG from 17,300,520 to 34,601,040 shares. The price of Dürr’s stock will accordingly be halved as of May 27. The participation ratio of each shareholder will remain unchanged, as will the valuation ratios of Dürr’s stock. The new shares are entitled to a dividend with retrospective effect as of January 1, 2013. This measure is intended to enhance the liquidity of Dürr stock and make it more appealing to private investors.
A prerequisite for the issue of the bonus shares was the doubling of the capital stock from € 44.3 million to € 88.6 million by way of a capital increase from Company funds. In the process, open reserves were converted into capital stock. The level of equity of Dürr AG, totaling € 432 million, remained unchanged. This measure was approved by resolution adopted at the General Meeting on April 26, 2013.