Another quarterly dividend from NextGenTel

Press release from NextGenTel

Oslo, Norway, 3 June 2015

NextGenTel Holding ASA today announced that a board resolution on 2 June 2015 decided to distribute a quarterly dividend of NOK 1.25 per share. This decision was based on a proxy from the annual general meeting on 24 April 2015. The share will be traded ex dividend from 18 June 2015 and the dividend will be settled on 2 July 2015.

This represents the third consecutive quarterly dividend from NextGenTel after the company started to pay quarterly dividends in Q4 2014, all at NOK 1.25 per share. Previously, the company has paid annual dividends to its shareholders since 2009 with an average yield of 11%. The level of future quarterly dividends will depend on the company’s financial performance, investment opportunities and financial covenants.

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Pressemelding fra NextGenTel

Oslo, 3. juni 2015

Nytt kvartalsutbytte fra NextGenTel

Idag annonserte NextGenTel Holding ASA at en styrebeslutning 2. juni 2015 vedtok å betale et kvartalsutbytte på kr 1,25 pr aksje. Beslutningen er basert på fullmakt gitt av ordinær generalforsamling 24. april 2015. Aksjen vil bli handlet eks utbytte fra 18. juni 2015 og utbyttet vil bli utbetalt 2. juli 2015.

Dette representerer det tredje kvartalsutbyttet på rad etter at selskapet begynte å betale kvartalsutbytter i 4. kvartal 2014, alle på kr 1,25 pr aksje. Tidligere har selskapet betalt årlige utbytter til aksjonærene siden 2009 med en gjennomsnittlig direkteavkastning på 11 %. Nivået på fremtidige kvartalsutbytter vil avhenge av selskapets finansielle resultater, investeringsmuligheter og finansielle lånevilkår (“covenants”).

About Us

The NextGenTel Group is a major player in providing fixed and mobile Internet communication services to consumers and businesses with a #2 position within xDSL broadband in the Norwegian market. The range of services covers access independent broadband, data net, Ethernet, VoIP, mobile and TV. In addition, the Group provides VoIP services to consumers in Denmark, Switzerland and the Netherlands. The company is headquartered in Oslo, Norway and is listed on the Oslo Exchange as NGT. NextGenTel's mission is to be a major force in defining and providing fixed and mobile internet communications to the consumer and small businesses.

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