MaltaPost plc – 2013 Preliminary Statement of Annual Results

MaltaPost plc announced that the Board of Directors approved the company’s financial statements for the year ended September 30, 2013. These audited financial statements will be submitted for approval of the shareholders at the forthcoming Annual General Meeting (AGM) scheduled for January 15, 2014. The company registered a profit before tax of €1.95 million, compared to €2.06 million registered in 2012. Revenue for the period under review amounted to €21.64 million, a rise of 2.5 per cent from 2012. Earnings per share remained unchanged at €0.04. 

The Board of Directors further resolved to recommend for the approval of the Annual General Meeting:

1. The payment of final ordinary net dividend of Euro 0.04 per nominal €0.25 share.

2. The option to shareholders of receiving the dividend either in cash or by the issue of new shares. The Attribution Price, at which the number of new shares to be issued will be determined, has been established at €1.07 per nominal €0.25 share.

The final dividend, if approved at the Annual General Meeting, will be paid on January 25, 2014 to shareholders on the Company’s share register at the Central Securities Depository of the Malta Stock Exchange as at close of business on December 16, 2013.

To view the official company announcement, click here.