Grevenmacher (Luxembourg) - In December 2018, Logwin AG had submitted submitted to the Luxembourg Financial Administration a request that future disbursements to shareholders up to the total amount of historical losses of the company may be treated as repayment of the so-called agio reserves which would then not have been subject to Luxemburg withholding tax of 15 percent.

As a consequence of a ruling from the Luxembourg financial administration, Logwin AG will now propose to its shareholders - in divergence from its previous proposal - that the payment of EUR 3.50 shall be made as a dividend from the annual result of the company in line with previous years. This dividend will be subject to the Luxemburg withholding tax. The agenda of the annual ordinary general meeting which has been published will be amended and will be published shortly.

Person making the notification: Sebastian Esser (Chief Financial Officer)

About Logwin AG
Logwin AG (Grevenmacher, Luxembourg) provides efficient logistics and transport solutions for its customers from industry and trade. In 2018, the group generated sales of EUR 1.1bn and currently employed about 4,400 staff. Logwin operates in all main markets worldwide and has around 190 locations on six continents. With its two business segments Solutions and Air + Ocean, Logwin AG is one of the leaders in the market.

Logwin AG is listed in the Prime Standard of the Deutsche Börse. The majority shareholder is DELTON Logistics S.à r.l., Grevemacher, Luxembourg.

Contact: www.logwin-logistics.com
Sebastian Esser
Chief Financial Officer
Tel: +352 719690-1112
[email protected]