March 26, 2018 / 7:04 AM / 24 days ago

BRIEF-Schaeffler Says IHO's Lock-Up To Be Extended To 2 Years

Reuters Staff

1 Min Read

March 26 (Reuters) - Schaeffler Ag:

* SCHAEFFLER SAYS PREFERRED DIVIDEND PER COMMON NON-VOTING SHARE TO BE INCREASED FROM EUR 0.01 TO EUR 0.05 AS OF 2019 FINANCIAL YEAR

* SCHAEFFLER SAYS IHO’S LOCK-UP TO BE EXTENDED TO 2 YEARS

* SCHAEFFLER CHAIRMAN GEORG F. W. SCHAEFFLER SAYS IHO WILL CONTINUE TO BE A STABLE MAJORITY SHAREHOLDER AFTER THE CONVERSION Further company coverage:

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