Harvest Technology p.l.c., the IT, security and electronic payments group, has announced that its board of directors has resolved to distribute an interim net dividend of €546,785 (subject to rounding), equivalent to €0.024 per share (having a nominal value of €0.50 per share).

Since its listing on the Malta Stock Exchange on 6th January 2020, Harvest Technology p.l.c. already paid a further net dividend for financial year ended 31st December 2019, amounting to €410,165 (€0.018 per share) on 15th May 2020.

Harvest Technology p.l.c’s results continue to exceed the projections of the IPO’s prospectus, the company said in a statement.

On 28th July, Harvest Technology approved its first interim financial statements for the six-month period ended 30th June 2020.

The Board of Directors noted with satisfaction that the unaudited consolidated net profit before tax of the company and its subsidiaries during this first six months of this year amounted to €1,864,967, an improvement of 21 per cent over the Group’s budget projection.

The Harvest Technology Group comprises IT solutions provider PTL Limited, automation and security company APCO Limited, and payment solutions specialist APCO Systems Limited. The group’s portfolio of businesses delivers impactful, intuitive solutions to customers operating in sectors like banking, aviation, pharmaceuticals, fuel, and state agencies in Malta, and internationally online gaming and retail.

About Harvest Technology p.l.c.

Harvest Technology is a group of growing technology businesses delivering impactful and intuitive solutions to customers in banking, aviation, pharmaceuticals, gaming, retail, hospitality, state agencies, and many other sectors. Harvest encompasses PTL Limited, APCO Systems Limited, and APCO Limited.

1923 Investments p.l.c. is the majority shareholder of Harvest Technology and has commercial activities in Malta, Poland, Hungary and the UK with a diverse array of operating subsidiaries across four reportable segments: technology, Apple Premium Resellers, logistics, and oil & gas.

In turn, 1923 Investments p.l.c. is the investments arm of Hili Ventures, the multi-disciplinary group engaged in partnerships with McDonald’s and Apple, logistics, marine & engineering, technology, property, oil & gas, hospitality and leasing in 10 countries spanning from the Mediterranean and North Africa to Central and Eastern Europe thanks to a team of 9,500 people. It is a proud partner of CMA CGM, Konecranes, IBM, Lenovo, and many other global brands.