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
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TechFinancials Inc.
Asaf Lahav, Group Chief Executive Officer
Yuval Tovias, Chief Financial Officer
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Grant Thornton UK LLP (Nominated Adviser)
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Colin Aaronson / Samantha Harrison / Carolyn Sansom
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Tel: +44 (0) 20 7383 5100
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Northland Capital Partners Limited (Broker)
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Patrick Claridge / David Hignell / John Howes
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Tel: +44 (0) 20 3861 6625
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Peterhouse Corporate Finance (Joint Broker)
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Lucy Williams / Eran Zucker
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Tel: +44 (0) 20 7469 0932
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Yellow Jersey PR Limited (Media Relations)
Felicity Winkles / Alistair de Kare-Silver
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Tel: +44 (0) 7825 916 715
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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.