ASBIS CONTINUES SHARING THE SUCCESS, IT WILL PAY INTERIM DIVIDEND FOR 2023

November 08, 2023

ASBIS, INVESTOR, SHARES, COMPANY, REVENUE

ASBIS CONTINUES SHARING THE SUCCESS, IT WILL PAY INTERIM DIVIDEND FOR 2023

PRESS RELEASE - 8 November 2023. Limassol, Cyprus

ASBISc Enterprises Plc, a leading Value Add Distributor, developer, and provider of ICT, IoT products, solutions, and services to the markets of Europe, the Middle East, and Africa (EMEA), informed that on 8 November 2023 the Board of Directors of the Company adopted a resolution to pay shareholders the interim dividend from the Company's profit for 2023 in the total amount of USD 11,100,000. The interim dividend will cover all shares of the company, ie 55,500,000 shares, which represents a USD 0.20 per share payout.

The record date for the shareholders to receive dividend was set on 27 November 2023 and the payment date on 7 December 2023. 

Serhei Kostevitch, CEO of ASBIS Group, commented: "We continue our strategy of sharing our success with investors, and once again, we have decided to pay an interim dividend before the end of the calendar year. ASBIS is currently in an excellent shape and continues to invest in new areas of growth, which will undoubtedly be reflected in our results in the coming years. The current decision is a continuation of our commitment to shareholders and we remain focused on delivering what we promise."

For additional information, please contact:  

Iwona Mojsiuszko
8Sense Public Relations
Tel. +48 502 344 992
E-mail iwona.mojsiuszko@8sensepr.pl

About ASBISc Enterprises Plc 

ASBIS Group is a leading Value Add Distributor, developer and provider of ICT, IoT products, solutions, and services to the markets of Europe, the Middle East, and Africa (EMEA) with local operations in Central and Eastern Europe, the Baltic republics, the former Soviet Union, the Middle East and North Africa. 

The business of ASBIS is based on three pillars:
1. Distribution of hardware and software for Client Computing and Data Centers, consumer electronics thru:
    a.   Retail chains and e-tailers
    b.   Resellers to small and medium business
    c.   Large enterprises.
2. Full stack in creation of world class products. From scientific research and development to design and engineering, firmware and software, production and marketing of IT and IoT products and solutions via own brands:
    a.      Aeno (small home appliances).
    b.     Canyon (smart watches, power banks, accessories for computers and mobile devices)
    c.     Cron Robotics (building own solutions in the robotics segment, including cobots).
    d.     Lorgar (accessories for gaming and streaming)
    e.     Perenio (IoT platform, IoT routers, applications and peripherals for smart office/ home, smart health).
    f.     Prestigio (smart devices and accessories, innovative solutions for business and education, etc.)
    d.     Prestigio Solutions (innovative technological solutions for business and education)
3.     Complex solutions sales projects to large enterprises via extensive networks of System Integrators and Value Add Resellers. 

ASBIS was founded in 1990 in Belarus, since 1995 operates from Cyprus. Company has 2 main distribution centers in the world located in the Czech Republic and the United Arab Emirates and 2 regional distribution centers (Georgia, South Africa), subsidiaries in 34 countries, more than 2,200 employees and about, 20 000 active customers in 60 countries worldwide. In 2022, the Group delivered sales of close to USD 2.7 billion.

The Company’s stock has been listed on the Warsaw Stock Exchange since October 2007 under the ticker symbol “ASB” (ASBIS). 

For more news and information visit: www.asbis.com 

Disclaimer: The information contained in each press release posted on this site was factually accurate on the date it was issued. While these press releases and other materials remain on the Company's website, the Company assumes no duty to update the information to reflect subsequent developments. Consequently, readers of the press releases and other materials should not rely upon the information as current or accurate after their issuance dates.