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AGM Statement

15th May 2014 07:00

RNS Number : 1409H
Stilo International PLC
15 May 2014
 

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

This information is provided by RNS
The company news service from the London Stock Exchange
 
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