Santa Fe Group
Dividend policy – Announcement no. 3/2015

A/S Det Østasiatiske Kompagni 

26.03.2015 15:55

Dissemination of a Adhoc News, transmitted by DGAP - a service of EQS Group
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The issuer is solely responsible for the content of this announcement.

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As announced in the annual report, the Board of Directors will today present to
the Annual General Meeting its thoughts on EAC's dividend policy. Chairman of
the Board Henning Kruse Petersen will reveal that EAC is suspending dividend
payments for the next two years, during which time all earnings will be
reinvested in the Santa Fe Group. 

In the Board of Directors' report, he states as follows: 'For the next two
years, the Board intends to reinvest in Santa Fe every krone that the company
earns. We have the opportunity to create a large, strong and profitable
business, and we need to take that opportunity. Consequently, we are putting
the dividend policy on hold while we lift Santa Fe to a level at which we can
comfortably balance dividend payments and share buybacks. Our focus will be on
the latter, which to many people is the more attractive option, not least in
terms of taxation. Over the next couple of years, added shareholder value will
be achieved by way of share price appreciation'. 

Henning Kruse Petersen's report and the presentations by the outgoing CEO,
Niels Henrik Jensen, and his successor, Martin Thaysen, will be available on
www.eac.dk at 4:00 p.m. 

This announcement does not change EAC's guidance for 2015.



Yours sincerely,

The East Asiatic Company Ltd. A/S





For additional information, please contact:



President & CEO Niels Henrik Jensen

 +45 3525 4300

 nhj@eac.dk
News Source: NASDAQ OMX



26.03.2015 The DGAP Distribution Services include Regulatory Announcements,
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Language:     English
Company:      A/S Det Østasiatiske Kompagni
              
               
              Denmark
Phone:        
Fax:          
E-mail:       
Internet:     
ISIN:         DK0010006329
WKN:          
 
End of Announcement                             DGAP News-Service
 
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