On May 11, 2011 the annual general meeting of FUCHS PETROLUB AG inter alia has taken the decision to implement a stock split at a ratio of 1:3. The stock exchange quotation is now to be converted on June 30, 2011. This will see every ordinary shareholder and preference shareholder receive three shares each with a calculated stake in the capital stock of EUR 1 for the previous shares with a nominal value of
EUR 3.
The unaltered capital stock amounting to EUR 70,980,000 will now be divided into 35,490,000 ordinary shares as well as 35,490,000 preference shares with a calculated nominal value of EUR 1 per ordinary or preference share.
The depositary banks will convert FUCHS PETROLUB AG's stocks of ordinary and preference shares in a ratio of 1:3 according to the value on June 29, 2011 by entering three shares in the shareholders' accounts for each share which is deleted. The shareholders do not have to do anything here. The conversion of the managed assets shall be free of charge for the shareholders.
The company believes that this split will increase the attractiveness of FUCHS PETROLUB shares still further, in particular for private investors.
Mannheim, June 28, 2011
FUCHS PETROLUB AG
Public Relations
Friesenheimer Str. 17
68169 Mannheim
Germany
Tel.: ++49 (0)621 3802-1124
The information below can be accessed at the following web address:
Press release:
www.fuchs-oil.com
Important note
This press release contains statements about future developments that are based on assumptions and estimates by the management of FUCHS PETROLUB AG. Even if the management is of the opinion that these assumptions and estimates are accurate, future actual developments and future actual results may differ significantly from these assumptions and estimates due to a variety of factors. These factors can include changes in the overall economic climate, changes to exchange rates and interest rates, and changes in the lubricants industry. FUCHS PETROLUB AG provides no guarantee that future developments and the results actually achieved in the future will agree with the assumptions and estimates set out in this press release and assumes no liability for such.