In December ASBIS will pay out more than usd 5.5 million in total as the interim dividend from the company's profit for 2020

ASBISc Enterprises Plc, a leading distributor of IT products on emerging markets of Europe, the Middle East and Africa, and producer of brands: Prestigio, Canyon and Perenio, informed that on 4 November 2020 the Board of Directors of the Company adopted a resolution to pay shareholders the interim dividend from the Company's profit for 2020 in the total amount of USD 5,550,000.00. All 55,500,000 of Company’s shares are eligible for the interim dividend, which represents a USD 0.10 per share payout.

The record date for the shareholders to receive dividend was set on 7 December 2020 and the payment date on 17 December 2020.

Siarhei Kostevitch, CEO and Chairman of the Board of Directors of ASBISc Enterprises Plc, commented: “ASBIS is expecting the best year in the company's history, so we would like to share this success with our investors. We expect that our net profit this year will be in the range of USD 23-25 million, which according to today's average dollar exchange rate means that we can earn up to PLN 100 million”.

Siarhei Kostevitch added: “Our strategy of focusing on higher-margin products and services, expanding the product portfolio and flexible approach to customer expectations brings results. As we promised to the market, ASBIS will continue its strategy of delivering best value to its shareholders through hard work and by converting its strengths to value. In spite of the pandemic, the IT needs for consumers and corporations remain at high levels and we are capitalizing on our ability to deliver the right products when needed. After closing 2020, we will decide on the final amount of the dividend for this year.”

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}

^{ASBISc Enterprises Plc is one of the leading distributors of IT industry products in the emerging markets of Europe, the Middle East and Africa (EMEA): Central and Eastern Europe, the Baltic republics, the former Soviet Union, the Middle East and North Africa, combining a wide range geographical operations with a wide portfolio of products distributed in the "one-stop-shop" model.}

^{ASBISc Enterprises Plc is based in Cyprus and specializes in the distribution of computer hardware and software, mobile solutions, IT components and peripherals, and a wide range of IT products and digital equipment. The Company was established in 1990 and currently selling to 56 countries worldwide.}

^{The Group distributes products of many vendors, and manufactures and sells own brands products: Prestigio (tablets, external storage, GPS devices, car-DVRs, multi-boards etc.), Canyon (power banks, networking products and other peripheral devices) and Perenio („IoT”).}

^{ASBIS has subsidiaries in 27 countries, close to 1,800 employees and about 20,000 customers. In 2019, sales exceeded USD 1.9 billion.}

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

^{For more information, also visit the Company’s website at www.asbis.com or investor.asbis.com}