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AGM Statement

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RNS Number : 1110N
Stilo International PLC
14 May 2015
 

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:

Trading in 2015 has been in line with management expectations, with new Migrate customers including Perceptive Software, Dell Software, Tridium and Infinera being complemented by an encouraging sales pipeline.

Development of AuthorBridge, our new web-based XML DITA authoring tool, is progressing well. An initial pilot is ongoing with a major customer, with general release planned for later in 2015. Preliminary customer feedback has been very promising.

The Company remains un-geared, and cash at 12 May 2014 stood at £1,144,000 (31 December 2014: £1,089,000).

 

Subject to approval by shareholders at the meeting, a final dividend for the year ended 31 December 2014 of 0.03 pence per Ordinary Share will be paid on 19 May 2015.

 

 

 

14 May 2015

 

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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