Orad Hi-Tec Systems Ltd: Details about dividend payment

Orad Hi-Tec Systems Ltd  / Key word(s): Dividend

16.08.2012 08:35

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
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The issuer is solely responsible for the content of this announcement.

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AD-HOC ANNOUNCEMENT

Details about dividend payment:

Kfar-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


16.08.2012 DGAP's Distribution Services include Regulatory Announcements,
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Language:     English
Company:      Orad Hi-Tec Systems Ltd
              15 Atir Yeda str POB 2177
              44425 Kfar Saba
              Israel
Phone:        +972-9-7676862
Fax:          +972-9-7676861
E-mail:       orad@orad.tv
Internet:     www.orad.co.il
ISIN:         IL0010838071
WKN:          928634
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, München, Stuttgart; London
 
End of Announcement                             DGAP News-Service
 
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