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2011-02-18 11:00:00 CET 2011-02-18 11:00:04 CET REGULATED INFORMATION QPR Software - Company AnnouncementDIVIDEND PROPOSAL FOR FINANCIAL YEAR 2010 AND DIVIDEND POLICYHelsinki, 2011-02-18 11:00 CET (GLOBE NEWSWIRE) -- QPR SOFTWARE PLC STOCK EXCHANGE RELEASE 18 FEBRUARY, 2011 AT 12.00 A.M. DIVIDEND PROPOSAL FOR FINANCIAL YEAR 2010 AND DIVIDEND POLICY The Board of Directors proposes to the Annual Shareholders´ Meeting on 18 March, 2011 that a dividend of EUR 0.03 per share be paid to shareholders for financial year 2010. The dividend shall be paid to a shareholder that has been entered into the company´s shareholder register on the record date of the dividend payment on 23 March, 2011. The Board of Directors proposes to the Shareholders´ Meeting that the dividend shall be paid on 1 April, 2011. The Board of Directors has in its meeting on 18 February 2011 decided to adopt a new dividend policy whereby the Board intends to propose to the Shareholders´ Meetings dividends of approximately 30-50% of annual cash flow from operations. When preparing the dividend proposals, the Board takes into notice the Company´s financial position, profitability and business prospects. QPR SOFTWARE PLC Vesa-Pekka Leskinen Chairman of the Board For further information, please contact: Vesa-Pekka Leskinen, tel. +358 (0)40 500 9830 DISTRIBUTION NASDAQ OMX Helsinki Ltd Main Media www.qpr.com Neither this press release nor any copy of it may be taken, transmitted into or distributed in the United States of America or its territories or possessions. |
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