Aqua Bio Technology: Proposed dividend payment of NOK 1

24.April 2015 at 08:00:00 CET

ABT press release 2014 dividend

The Board of Directors of Aqua Bio Technology ASA proposes to the Annual General Meeting that the Company for the fiscal year 2014 pays a dividend of NOK 1.00 per share

The Company's underlying profitability (financial result adjusted for non-recurring costs) and its financial position now enables dividend payment for the first time in ABT's 11-year long history. NOK 0.40 of the proposed dividend is based on the Company's underlying profitability, while NOK 0.60 is proposed on the basis of the Company's strong cash position and high equity ratio.

ABT's Annual General Meeting will determine the matter on 3 June, 2015.

For further information, please call Arvid Lindberg, CEO, telephone +47 9824 5410

Aqua Bio Technology (ABT) has launched several cosmetic ingredients used in skin care products globally. The ingredient, based on the Company's unique, marine technology and other technologies, have documented positive effects on the skin. Skin care is the fastest growing segment in the cosmetics industry, where ABT's ingredients have established a foothold. In addition to ingredients from its own technology, ABT also commercializes technologies/ingredients for partners, for use in novel skin care products. Aqua Bio Technology i listed on the Axess market of the Oslo Stock Exchange.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.