S&T AG

EANS-Adhoc: S&T AG to provide first time dividend payment in 2014 Management plans to rise turnover by 10 percent to 375 million EUR in 2014


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  ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
  adhoc with the aim of a Europe-wide distribution. The issuer is solely
  responsible for the content of this announcement.
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Dividend Announcements/Distribution
20.01.2014


Linz, 20/01/2014. S&T AG (www.snt.at) for the first time intends to pay a
dividend to shareholders for the previous fiscal year in May 2014. Management
Board and Supervisory Board will propose to pay a dividend of 6 Cents per share
to the Annual General Meeting. The dividend payment will be tax-free for
shareholders.

"S&T AG has successfully developed in recent years and we expect this trend to
continue in 2014. We want our shareholders to benefit directly!", says CEO
Hannes Niederhauser .

Faster growth is expected for the financial year 2014 after consolidation in
2012 and 2013. Revenues of 375 million euros and a consolidated income of 12
million EUR are firmly targeted.

For the fiscal year 2013, the management expects revenues of about 340 million
EUR, which will lead to a consolidated income of 11 to 12 million EUR. The final
financial results will be published on March 25th 2014.


About S&T AG :

S&T AG (ISIN AT0000A0E9W5, WKN A0X9EJ, SANT), formerly Quanmax AG, is listed on
the Prime Standard segment of the Frankfurt Stock Exchange. The company has
1,500 employees. They work in offices located in 19 CEE (central and eastern
European) countries. S&T is one of the three largest IT systems houses in
Eastern Europe, in which it maintains a region-wide network. S&T AG has a
broad-ranging portfolio. It features a large number of products containing
proprietary technologies. Cloudeeva, Inc. (OTC: SYAI) is planning the submission
of a voluntary takeover offer to the shareholders of S&T AG. The currently Due
Diligence is expected to be finished within the upcoming days.


Further inquiry note:
ir@snt.at; +431801911125;

end of announcement                               euro adhoc 
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issuer:      S&T AG
             Industriezeile  35
             A-4021 Linz
phone:       +43 664 6119214
FAX:         +43 1 80191 1290
mail:     ir@snt.at
WWW:      www.snt.at
sector:      Computing & Information Technology
ISIN:        AT0000A0E9W5, DE000A1HJLL6
indexes:     
stockmarkets: regulated dealing/prime standard: Frankfurt 
language:   English
 

 

 

Original-Content von: S&T AG, übermittelt durch news aktuell

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