Reading time ( words)
Neways Electronics International N.V. - at the Annual General Meeting of Shareholders (AGM), which was held on 18 April 2017, the dividend over 2016 has been set at EUR 0.34 per ordinary share, payable in cash. Additionally, the reappointment of Mr. René Penning de Vries to the Supervisory Board has been approved.
The dividend of EUR 0.34 per share will be paid out to shareholders in cash. This means a pay-out ratio of 40% of the net profit. The ex-dividend date will be 20 April 2017. The record date has been set at 21 April 2017 after trading hours. The holders of ordinary shares will receive their dividend through their bank or broker where their shares will be registered on 21 April 2017 after trading hours. Payment will take place from 28 April 2017 onward.
Reappointment member of the Supervisory Board
During the AGM, shareholders reacted positively to the reappointment of Mr. René Penning de Vries (1954) to the Supervisory Board. Mr. Penning de Vries joined Neways’ Supervisory Board in 2013 and has furthermore been appointed as vice-chairman.
Neways Electronics International N.V. (Neways) is an international company active in the EMS (Electronic Manufacturing Services) market. Neways offers its clients custom-made solutions for the complete product life cycle (from product development to after-sales service) of both electronic components and complete (box-built) electronic control systems. Neways operates in a niche of the EMS market and focuses primarily on small to medium-sized specialist series, in which quality, flexibility and time-to-market play a crucial role. Neways products are used in sectors such as the semi-conductor, medical, automotive, telecom and defence industries. Neways has operating companies in the Netherlands, Germany, the Czech Republic, Slovakia and China, with a total of 2.612 employees at 31 December 2016. Neways recorded net turnover of € 393 million in 2016. Neways shares are listed on the Euronext Amsterdam stock exchange (symbol: NEWAY). www.newayselectronics.com