TechFinancials Inc. - Dividend Pay-Out By Company Subsidiary
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.




TechFinancials Inc.

Asaf Lahav, Group Chief Executive Officer

Yuval Tovias, Chief Financial Officer


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.


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