Capital News
By issuing the last of three share tranches on 3 December 2012 the GEA Group drew a line under the appraisal proceedings against it, running since 1999 and completed before Dortmund District Court in January 2012 with a settlement. In this context, a total of 8,687,631 shares with dividend entitlement for the 2012 financial year have been re-issued. The proceedings concerned the 1999 control and profit-transfer agreement between Metallgesellschaft AG (legal successor of the GEA Group) and the former GEA AG, later merged into it. Pursuant to the settlement the machinery and equipment manufacturer has undertaken in accordance with the judicial proposal to grant increased compensation in shares and an increased guaranteed dividend.