Helsinki, 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
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