1 Aug 2017 07:00
1 August 2017 |
TechFinancials Inc.
("TechFinancials" or the "Company" or the "Group")
Dividend pay-out by Company subsidiary, DragonFinancials
TechFinancials to receive US$1,020,000
TechFinancials Inc. (AIM: TECH), a leading provider of financial trading solutions for retail customers, announces that DragonFinancials, the Company's 51% owned subsidiary and operator of its B2C trading platform focused on the Asia Pacific Region, has declared an interim dividend pay-out of US$2,000,000, payable by 20 August 2017, in respect of the six-month period ended 30 June 2017. Out of the total interim dividend payout of US$2,000,000, TechFinancials is expected to receive US$1,020,000 in line with its 51% holding in the subsidiary.
Enquiries
TechFinancials Inc. Asaf Lahav, Group Chief Executive Officer Yuval Tovias, Chief Financial Officer |
www.group.techfinancials.com |
Grant Thornton UK LLP (Nominated Adviser) | |
Colin Aaronson / Samantha Harrison / Carolyn Sansom | Tel: +44 (0) 20 7383 5100 |
Northland Capital Partners Limited (Broker) | |
Patrick Claridge / David Hignell / John Howes | Tel: +44 (0) 20 3861 6625 |
Peterhouse Corporate Finance (Joint Broker) | |
Lucy Williams / Eran Zucker | Tel: +44 (0) 20 7469 0932 |
Yellow Jersey PR Limited (Media Relations) Felicity Winkles / Alistair de Kare-Silver
| Tel: +44 (0) 7825 916 715
|
About TechFinancials
TechFinancials plc (AIM: TECH) is a leading innovator and supplier of financial trading solutions for retail clients. The Group operates a B2B division licensing white label software solutions to online brokers. In addition, the Company operates a B2C division operating trading platforms worldwide and incorporating a strategic joint venture focusing on solutions for traders in the Asia Pacific region.
Further information can be found at http://techfinancials.com.
TECH.L (TECH)