WCM Annual General Meeting agrees by a large majority to all agenda items

- Dividend pay-out of EUR 0.10 per share for 2016
- Dr. Christian Schede as another member of the Supervisory Board elected
- Positive feedback on TLG IMMOBILIEN AG's takeover offer

Frankfurt am Main, 4. July 2017 - At the Annual General Meeting of WCM Beteiligungs- und Grundbesitz-AG (WCM AG, ISIN: DE000A1X3X33) for the 2016 financial year, the company's shareholders approved all agenda items by a large majority of at least over 98.80 per cent. In total, 57.52 per cent of the share capital were represented at the Annual General Meeting. Among other things, a dividend of EUR 0.10 per WCM share was distributed for the past financial year. The dividend is paid out from the tax deposit account of WCM AG. The dividend will be paid on 7 July 2017.

In addition, Dr. Christian Schede has been newly elected to the Supervisory Board of WCM AG by the Annual General Meeting, he will replace Thomas Hechtfischer, who left the Supervisory Board as of 30 November 2016.

In the constructive discussion at the Annual General Meeting, numerous speakers expressed their positive assessment of the takeover bid submitted by TLG IMMOBILIEN AG to the shareholders of WCM AG. The positioning and potential of the resulting commercial real estate company as well as the terms of the offer were appreciated.

About WCM AG
WCM Beteiligungs- und Grundbesitz-AG (WCM AG), with headquarters in Frankfurt am Main, is a specialised commercial real estate company. As a real estate proprietor, the focus is on long-term rental of high-quality office and retail properties in the major office locations in Germany. Since the operational restart in 2014, WCM AG has focused on an extensive network for the acquisition of properties as well as on value-creating asset management, in order to generate attractive long-term rental income and a steady cash flow. The portfolio has a gross asset value of around EUR 800m. Shares of WCM AG are listed in the SDAX of Deutsche Boerse since 21 December 2015.

Investor Relations:
Gunnar Janssen
Investor Relations
WCM Beteiligungs- und Grundbesitz-AG
+49 69 963 7319 10
g.janssen@wcm.de
www.wcm.de

Press contact:
edicto GmbH
Axel Mühlhaus/ Dr. Sönke Knop
Eschersheimer Landstraße 42
60322 Frankfurt am Main
+49 69-905505-52
wcm@edicto.de

This release was published on openPR.