The Funkwerk share materialised on 16 August 2000 following the merger
of the two companies Funkwerk Dabendorf GmbH and HÖRMANN Funkwerk
Kölleda GmbH. Kölleda. Funkwerk shares started trading at an issue
price of EUR 20 three months later on 15 November 2000.
How is the shareholder structure of that Funkwerk AG?
Hörmann Funkwerk Holding GmbH
What is Funkwerk’s dividend policy?
The following dividends were paid in previous financial years:
What is the international securities identification number?
The international securities identification number is 575314.
Is a delivery from my Funkwerk share possible?
According to § 5 paragraph 4 of our bylaws, a shareholder is not entitled to securitization of its stake. The shares of the Company are bearer shares.
How did the shares of Funkwerk AG develop over time since the IPO?
The following table shows the evolution of the share at the end of each financial year.
IPO Novemer 11, 2000
What is the authorised capital and how it is allocated among the shares.
Currently the authorised capital amounts to 8,101,241 € and is divided on 8,101,241 shares.
Does Funkwerk AG hold own shares?
Currently, Funkwerk AG holds 41,576 units own shares.
The Funkwerk group
Where is the headquarters of Funkwerk AG?
The headquarter is in Kölleda / Thuringia, about 35 km
east from Erfurt.
In what areas does Funkwerk AG operate?
Funkwerk focuses on the mobile radio communication sector and is structured into four segments:
- Automotive Communication - Traffic & Control Communication - Enterprise Communikation - Security Communication
What strategy does Funkwerk AG pursue?
With its four distinct segments, Funkwerk concentrates on high-earning
market niches where there are substantial barriers to entry and clearly
defined target groups. All four segments have their own independent
strategic focus, their own product range and target groups that are
independent of each other. This means that possible fluctuations in
economic activity can be compensated for and the company is better able
to achieve sustained growth.
In which places is Funkwerk AG located?
The four divisions are located as follows:
Traffic and Control Communication:
- Kölleda - Kiel - Neustadt/Weinstraße - Karlsfeld - Weiden
- Dabendorf - Ulm - Waal
- Salzgitter - Fürth
Is the financial year corresponding to the calendar year?
Yes. The fiscal year begins on January 1st and ends on December 31st.
Which accounting rules does Funkwerk AG follow?
Since the founding of Funkwerk AG is following the rules of IAS / IFRS.
The shareholder´s meeting
How can I participate in the Annual General Meeting?
Only those shareholders who have provided the company with evidence
of their authorisation to attend the Annual General Meeting and to
exercise their right to vote shall be entitled to participate in the
Annual General Meeting and to exercise their right to vote.
Evidence of authorisation to participate should take the form of
special written proof of the shareholding by an institution authorised
for the safekeeping of securities; such proof must be drafted in German
or English. This proof must refer to the start of the twenty first day
before the Annual General Meeting and must be submitted to the company
at the address given in the convocation no later than the seventh day
before the meeting.
What is the procedure for registering for the Annual General Meeting
The shareholder is sent the agenda via his custodian bank before the
Annual General Meeting. He then has the option of asking for a ticket
for himself or a representative or asking his bank to vote for him.
Where is the invitation to the Annual General Meeting published?
In addition to being published in the electronic Federal Gazette and
the business press, you can download the invitation and agenda from our
What rules must be observed if a shareholder is unable to participate in the Annual General Meeting but would like to vote?
If a shareholder is unable to participate in the Annual General
Meeting in person, he can ensure that votes be recorded as he would
wish by issuing a power of attorney or instructions beforehand. In the
run-up to the Annual General Meeting there is the option of issuing a
power of attorney or instructions to:
a) a representative appointed by the company b) a financial institution or c) an association of shareholders.
How can counter motions be proposed to the company?
Each shareholder has the option of sending a counter motion to a
proposal by the Executive Board and the Supervisory Board on a specific
item on the agenda and his/her reasons for so doing to the address
given for this purpose in the convocation.
If we receive counter motions that must be published up to two
weeks before the Annual General Meeting, these will be published
together with the shareholder’s name and his/her reasons on the website.
Is the Annual General Meeting broadcast on the Internet?
No. But the speeches and the presentation by the CEO and the CFO are
recorded. You have the option of looking at this extract on the website.