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Lleida.net to increase its dividend by 25% this year

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The Board of Directors of Lleida.net (OTCQX:LLEIF) has announced a proposed dividend increase of 25% from the previous year, offering €0.0125 net per share, subject to approval at the upcoming AGM. CEO Sisco Sapena highlighted 2020 as a pivotal year, achieving record results and strong stock performance. The company's registered electronic signature services saw significant demand, and Lleida.net expanded globally, securing exclusive service contracts in Dubai, South Africa, and Portugal. With 203 patents worldwide, the company is well-positioned in its market.

Positive
  • Proposed 25% increase in dividend to €0.0125 net per share.
  • Achieved record financial results and stock performance in 2020.
  • Expansion into key markets with exclusive service contracts in Dubai, South Africa, and Portugal.
  • Maintained 203 patents globally, enhancing competitive advantage.
Negative
  • None.

MADRID, March 25, 2021 /PRNewswire/ -- The Board of Directors of Lleida.net (OTCQX:LLEIF) (BME:LLN) (EPA:ALLLN) has approved today to propose to its General Shareholders' Meeting to pay out a 25 percent higher dividend than last year.

It will thus pay its shareholders €0.0125 net per share, on a date to be approved by the company's AGM.

"2020 was a year of inflection for Lleida.net, in which we gave the best results in our history and our shares recorded one of the best performances on the European stock exchange. These dividends are intended to reward our shareholders for their support, and to encourage the market to join us," explained Sisco Sapena, CEO of the company and its founder.

"The registered electronic signature and notification industry has exploded in the last 12 months as a result of the changes in user and business behaviour brought about by the health emergency, which has put us at the forefront of the industry globally," said Sapena.

The company has more than 16 million shares in circulation in the New York, Paris and Madrid markets.

During 2020, Lleida.net consolidated its market position, and its services are now population-based, with clients in all segments and in industries such as banking, insurance, telecommunications and services.

It also became the exclusive provider of registered electronic communications services in such critical markets as Dubai, South Africa and Portugal.

In the last year, the company's intellectual property activity soared, and it received almost 100 more new patents in just 12 months. The company now holds 203 such patents worldwide for its certification and notification methods, as well as digital tokenisation in electronic contracting and notification, in more than 60 countries on five continents.

FURTHER INFO

Investors can download the company's Investment Deck at the following link: https://investors.lleida.net/docs/2020-estimated-results.pdf

Further information on the Openum EIDAS service can be obtained here: https://www.lleida.net/en/openum-eidas-qualified-delivery

The full list of patents granted to the company can be retrieved in the following link: https://www.lleida.net/en/patents

Full information on the company's investment proposition is available at http://investors.lleida.net 

Investors can contact Lleida.net's team at ir@lleida.net.

Media Contact:
The Paloma Project, Media,
rpl@thepalomaproject.com,
+356 7946 7486,
https://Lleida.net

Cision View original content:http://www.prnewswire.com/news-releases/lleidanet-to-increase-its-dividend-by-25-this-year-301256176.html

SOURCE Lleida.net

FAQ

What is the dividend amount declared by Lleida.net for 2021?

Lleida.net has declared a dividend amount of €0.0125 net per share for 2021.

When will the dividend be paid to shareholders of LLEIF?

The exact payment date of the dividend will be approved at the upcoming General Shareholders' Meeting.

How does Lleida.net's 2020 performance reflect on its future dividends?

Lleida.net's record results in 2020, coupled with a proposed 25% dividend increase, indicate strong shareholder returns and confidence in future growth.

What markets has Lleida.net expanded into recently?

Lleida.net has expanded into critical markets including Dubai, South Africa, and Portugal, becoming the exclusive provider of registered electronic communications services.

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