AMO.L Share News (AMO)

LONDON (Alliance News) - Amino Technologies PLC Thursday confirmed it will extend its commitment to a progressive dividend policy for a further two years, and proposed an interim dividend of 1.15 pence for the half-year to the end of May.

The digital entertainment company expects to report a pretax profit in line with expectations for the half-year, and a first-half closing net cash balance of GBP19.7 million, up from GBP18.2 million in the previous year.

It expects its revenue to return to a second-half weighting, which means it will be lower on a comparative basis.

The company continued to see a good performance from its US operations, and growing engagement in Latin America and Eastern Europe, it said. It also continued to invest in developing a broader offering in order to speed up its momentum in existing markets and widen its addressable market.

Amino will announce its interim results July 14.

Shares in Amino were trading up 5.5% at 94.40 pence Thursday morning.

By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews

Copyright 2014 Alliance News Limited. All Rights Reserved.