Proposed appropriation of result

The net result for 2015, amounting to €10.2 million, has been accounted for in shareholders’ equity. 

The Company proposes to declare a dividend over the financial year 2015 of 2 eurocents in cash per ordinary share or in shares, at the option of the shareholders. Based on the number of ordinary shares outstanding at year-end 2015, a maximum of €5 million will be distributed as dividend on the ordinary shares. As yet, the dividend proposal has not been deducted from retained earnings under equity.