Orad Hi-Tec Systems Ltd: Details about the dividend payment 2011

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

18.08.2011 10:22

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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Kfar-Saba, Israel, August 18, 2011. - Orad Hi-Tec Systems Ltd. (ISIN
IL0010838071; Symbol: OHT), a world leading provider of state-of-the-art,
3D real-time video-graphic solutions for the broadcasting markets,
announced that it has resolved to declare a dividend in the amount of
4,050,000 US-Dollar. The dividend per share is currently expected to be
approximately 36.72 US cents per share (and in any event shall be rounded
down to the nearest one tenth of one cent). The record date is September 7,
2011, the ex-dividend date is September 8, 2011 and the payment date is
expected to be September 12, 2011.
 The Company shall withhold 20 percent at source, for 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
graphics solutions for the broadcasting markets, including: news, channel
branding, sports production and enhancement, special events, elections,
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
Ehud Ben-Yair, CFO   
ehudb@orad.tv

Investor Relations
edicto GmbH
Dr. Sönke Knop
Frankfurt, Germany
+49 69-90550551
sknop@edicto.de





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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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