Press release
Orad Hi-Tec Systems Ltd: Details about dividend payment
Dissemination of an Ad hoc announcement according to § 15 WpHGKfar-Saba, Israel, August 16, 2012. Orad Hi-Tec Systems Ltd. (ISIN IL0010838071; Symbol: OHT), a world-leading provider of real-time 3D broadcast graphic, video server, and media asset management solutions for the broadcasting markets, announced that it has resolved to declare a dividend in the amount of US $0.09 per each ordinary share entitled to receive a dividend, on behalf of the profits through 2011. The total dividend amount to be paid to all shareholders is currently expected to be approximately US $1.01 million. The record date is September 05, 2012, the ex-dividend date is September 06, 2012 and the payment date is expected to be September 11, 2012. The Company shall withhold 25% at source from all shareholders, according to Israeli tax law requirements.
About Orad Hi Tec Systems
Orad Hi-Tec Systems is a world-leading provider of real-time 3D broadcast graphic, video server, and media asset management solutions including news, channel branding, sports production and enhancement, elections and special events, virtual studios, and virtual advertisement. Orad's compelling solutions streamline production workflow, enhance viewer experience, and improve production value. Founded in 1993, Orad is a public company listed on the Frankfurt Stock Exchange (OHT).
For more information, visit www.orad.tv
Contact:
ORAD Hi-Tec Systems Ltd
Ilan Sidi, CFO ilan@orad.tv
Investor Relations
edicto GmbH
Dr. Sönke Knop
Frankfurt, Germany
+49 69-90550551
sknop@edicto.de
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