Schoeller-Bleckmann Oilfield Equipment AG: Annual General Meeting resolves to double dividend distribution to EUR 1.00 per share
Ternitz/Vienna, 28 April 2011. The Annual General Meeting of Schoeller-Bleckmann Oilfield Equipment AG (SBO), listed on the ATX segment of the Vienna Stock Exchange, today adopted the proposal by the Executive Board to double dividend distribution to EUR 1.00 per share (2009: EUR 0.50) for fiscal 2010. The ex-dividend and dividend payment date was set at 12 May 2011.
The Executive Board and Supervisory Board were granted discharge by the Annual General Meeting. For the current fiscal year, SST Schwarz & Schmid Wirtschaftsprüfungsges.m.b.H. Wirtschaftsprüfungs- und Steuerberatungsgesellschaft was appointed auditor of the annual financial statements of the company, and Ernst & Young Wirtschaftsprüfungsgesellschaft m.b.H. was appointed auditor of the consolidated financial statements. Furthermore, the Annual General Meeting approved the remuneration of the members of the Supervisory Board pursuant to Section 13 (4) of the Articles of Association.
Schoeller-Bleckmann Oilfield Equipment AG is the global market leader in high-precision components for the oilfield service industry. The business focus is on non-magnetic drillstring components for directional drilling. Worldwide, SBO has employed a workforce of 1275 as at 31 December 2010 (31 December 2009: 1056), thereof 370 in Ternitz/Austria and 564 in North America (including Mexico).
Further inquiry note:
Gernot Bauer, Head of Investor Relations
Schoeller-Bleckmann Oilfield Equipment AG
A-2630 Ternitz, Hauptstraße 2
Tel: +43 2630/315 ext 250, fax ext 501
E-mail: g.bauer@sbo.co.atback
