15th May 2014 07:00
Stilo International plc
AGM Statement
Stilo International plc ("Stilo" or the "Company") (AIM:STL), the AIM quoted provider of content processing technology and cloud content conversion services, is holding its Annual General Meeting later today. At the meeting Chairman David Ashman will make the following statement:
'The global market for dynamically publishing digital content to desktop computers, laptops, tablets and mobile devices continues to rapidly evolve and expand. I am pleased to report that trading in the four months of the current year has been in line with management forecasts, with new customers being won for Migrate, including Deltek, Kaplan and ADP. We look forward to continuing to build upon our leading position in the DITA XML content conversion market, and to progress the development of new XML content processing solutions in 2014.
The Company remains un-geared with an improving cash position which at 30 April 2014 stood at £1,190,000 (31 December 2013: £1,085,000).'
Subject to approval by shareholders at the meeting, a final dividend for the year ended 31 December 2013 of 0.03 pence per Ordinary Share will be paid on 19 May 2014.
15 May 2014
Enquiries:
Stilo International plc 01793 441444
Les Burnham, Chief Executive
Richard Alsept, Chief Financial Officer
Charles Stanley Securities 020 7149 6000
Nominated Adviser
Russell Cook / Carl Holmes
Related Shares:
Stilo