TechFinancials Inc. Dividend Pay-Out By Company Subsidiary (6640M)
August 01 2017 - 1:02AM
UK Regulatory
TIDMTECH
RNS Number : 6640M
TechFinancials Inc.
01 August 2017
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 Tel: +44 (0) 20
/ Carolyn Sansom 7383 5100
Northland Capital Partners Limited
(Broker)
Patrick Claridge / David Hignell Tel: +44 (0) 20
/ John Howes 3861 6625
Peterhouse Corporate Finance
(Joint Broker)
Lucy Williams / Eran Zucker Tel: +44 (0) 20
7469 0932
Yellow Jersey PR Limited (Media Tel: +44 (0)
Relations) 7825 916 715
Felicity Winkles / Alistair de
Kare-Silver
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.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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