15th Jan 2015 08:30
LONDON (Alliance News) - Galasys PLC shares rose on Thursday after the company said it expects its full-year results to come in ahead of market expectations.
The company, which provides ticketing systems to the Asian amusement park industry, said as a result of the growth in its business over the year, it is to accelerate its dividend plans and will declare a maiden dividend for 2014 when it posts its full-year results in April.
"At the time of the IPO, the board committed the group to pursuing a progressive dividend policy, and because of the strength of our performance and profitability in 2014 I am delighted to report that we intend to implement that policy with a maiden dividend for 2014," said Galasys Chief Executive Sean Seah.
Shares in Galasys were up 10.4% in early trade to be among the best performers in the AIM All-Share.
By Sam Unsted; [email protected]; @SamUAtAlliance
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