Board approves financial statements for 2014

Published: April 16, 2015

THE FOLLOWING IS A COMPANY ANNOUNCEMENT ISSUED BY 6PM HOLDINGS P.L.C. (“THE COMPANY”) IN COMPLIANCE WITH THE LISITNG RULES.

Quote:

At the meeting held on 16 April 2015, the Board of Directors of 6pm Holdings p.l.c approved the financial statements for the financial year ended 31 December 2014. The Board resolved that these financial statements be submitted for the approval of the shareholders at the forthcoming Annual General Meeting which is scheduled for Thursday, 25 June 2015.

Shareholders appearing on the shareholder’ register as on the 26 May 2015 will receive notice of the Annual General Meeting, together with the Annual Report and Financial Statements for the financial year ended 31 December 2014. The preliminary statement of results that is attached herewith was extracted from the financial statements that were audited by Nexia BT.

The Board of Directors after having noted the group’s strong improvement in performance and the movement in earnings per share from a GBP 0.038, to GBP 0.041 further resolved to recommend for the approval of the Annual General Meeting the payment of a net final dividend of GBP 0.02 per share up to a maximum of GBP 410,236. This dividend, if approved at the Annual General Meeting, will be paid by not later than the 29 July 2015 to shareholders who appear on the shareholders’ register as on the 26 May 2015.

The Board further resolved to recommend for approval at the Annual General Meeting, a bonus share issue of one (1) share for every fifty (50) shares held which will be allotted to shareholders on the company’s share register as at close of business on the 26 May 2015. The bonus issue will be funded by capitalizing GBP 82,286 from the share premium reserve of the company. Application will be made for the necessary authorization concerning the listing of the shares on the Malta Stock Exchange.

Unquote:

Dr. Ivan Gatt
Company Secretary
16 April 2015

The Director’s report is available here