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Vizrt Announces Decision to Distribute a Special Dividend and to Issue Bonus Shares

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Bergen, Norway, May 9, 2007. Vizrt Ltd. (Frankfurt Prime Standard: VIZ; Oslo Main List: VIZ). The Board of Directors of Vizrt Ltd. has resolved to declare a distribution of a special dividend to the shareholders of the Company at a rate of up to USD 0.40 per share and an aggregate amount of up to USD 8.3M. The resolution to distribute a dividend is based, among others, on the Company's financial condition, cash needs and operating forecast. The distribution of the dividend is subject to the approval of the extraordinary shareholders meeting of the Company, to be held during the month of June 2007. The company will publish at a later date the record date and ex-date for distribution of the dividend.

In addition, the Board of Directors of the company has resolved to issue bonus shares to the shareholders of the company in a ratio of 2:1, i.e. two bonus shares for every one share held by the shareholders of the company, on a record date to be fixed for this purpose. The issuance of the bonus shares is also subject to the approval of the extraordinary shareholders meeting of the company, to be held during the month of June 2007.

Press contacts:

Bjarne Berg
President & CEO
+47 9055 7711
bberg@vizrt.com  

Ofra Brown
CFO
+47 2169 2790
ofra@vizrt.com  

SCHWARZ Financial Communication
Frank Schwarz
+49 611 1745 398 11
schwarz@schwarzfinancial.com