Webstep ASA: Proposed dividend of NOK 1.50 per share and proposed authorisation to increase the share capital
Oslo, 21 March 2018. The board of directors of Webstep ASA (the "Company") has today proposed that the Company distributes an ordinary dividend of NOK 1.50 per share. Further, the board of directors of the Company has proposed that the general meeting grants an authorisation to the board of directors to increase the share capital of the Company with up to approximately 10%, i.e. by up to NOK 2,696,700, in order to finance further growth of the Webstep group.
The proposed dividend and authorisation will be placed on the agenda for the Company's annual general meeting to be held on 24 April 2018. If resolved, the dividend will be distributed to the shareholders of the Company as of the date of the general meeting, it will be paid to said shareholders on 4 May 2018 and the shares in the Company will trade exclusive of the right to receive the dividend from and including 25 April 2018.
The notice and agenda for the annual general meeting will be published and sent to the Company's shareholders on 3 April 2018.
The annual accounts and the board of directors' report for the financial year 2017 will be published prior to the opening of Oslo Børs tomorrow 22 March 2018.
For further information, please contact:
Anders Løken, Chief Financial Officer
Cell: +47 977 69 200
Webstep is a provider of consultancy services to the private and public sector, with the IT expertise necessary to deliver the most demanding digitalisation and IT services. The Webstep group employs approximately 400 employees in Norway and Sweden, of which more than 360 are expert consultants. Since its establishment in 2000, Webstep has delivered profitable growth. The Company offers its services to more than 200 customers annually and has been recognised for its work environment.
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.