Authorized by the No. 13/2008 (28 April) resolution of the General Meeting held on 28 April 2008, State Printing House Plc purchased 1997 registered common shares, series “A” issued by State Printing House Plc. at the Budapest Stock Exchange on 3 June 2008 at an average price of 11,383 HUF with the help of Concorde Értékpapír Zrt. as investment service provider to cover the stock option programme.
Gábor Zsámboki, general manager of State Printing House Plc, member of the Board of Directors, purchased 242 Series ’A’ shares issued by State Printing House Plc. on 28th May 2008 at an average price of HUF 11,300 per share
In terms of profit, State Printing House finished one of the strongest first quarter of its history. The Company’s net income increased by 7% to HUF 257 million in the first three months of 2008 compared to the corresponding period of the previous year. Export sales also rose compared to the corresponding 2007 period. According to the objectives in connection with the effectiveness increasing programme, EBITDA margin rose to 15% from 12.6%.
State Printing House Plc hereby informs the Shareholders that it pays a different amount of dividend starting from 21 May 2008 then set forth in the announcement on payment of dividend for the year 2007 on 30 April 2008.
To realize the long term strategy, Gábor Zsámboki, general manager of State Printing House Plc has changed the management of the Company. Coming into effect on 1 May 2008, he appointed László Balla finance director as deputy general manager and Tamás Karakó as finance director.