EVS Broadcast Equipment invites its shareholder...

Publication on April 14, 2014, after market closing
Regulated information
EVS Broadcast Equipment S.A.: Euronext Brussels (EVS.BR), Bloomberg (EVS BB), Reuters (EVSB.BR)

Total dividend proposed of EUR 2.00 per share

EVS Broadcast Equipment, the leading provider of live video production systems, published today the invitation to its combined Ordinary and Special General Meeting, to be held on May 19, 2015, at its headquarters in Liège.

Aside from the usual topics, the Board of Directors will propose to shareholders, during the Ordinary General Meeting, to approve the following resolutions:

• The payment of a total gross dividend of EUR 2.00 (including the interim dividend of EUR 1.00 paid in November 2014), implying a final gross dividend of EUR 1.00 to be paid on May 28, 2015. The total dividend represents a 76.0% payout ratio (in line with the dividend policy of the company) and a dividend yield of 5.4% based on average 2014 share price;
• A profit sharing plan in the form of a grant of 37 EVS shares for EVS employees, adjusted for the employee time spent with the firm in 2014;
• The renewal of the mandates of Acces Direct and Yves Trouveroy as Directors. Following the recent change of CEO, the Board proposes to renew the mandate of Acces Direct as Chairman of the Board of Directors for one year, ensuring more continuity in 2015 and allowing to prepare the Chair transition in 2016. Françoise Chombar, whose term expires in May 2015, has not asked to renew it. The Board warmly thanks her for the very positive contribution to the Board of Directors and the Remuneration Committee over the last years.
• The variable fees of MucH sprl (represented by Muriel De Lathouwer), Managing Director and CEO of EVS

A Special General Meeting will follow the Ordinary General meeting to propose shareholders to approve the change of control clause included in the contract of MucH sprl.

All documents relating to the combined General Meeting of May 19 are available on the website of EVS Broadcast Equipment at www.evs.com, including the 2014 financial annual report.

For more information, please contact:   Magdalena BARON, Senior Vice President, CFO Geoffroy d'OULTREMONT, Vice President Investor Relations & Corporate Communication EVS Broadcast Equipment S.A., Liege Science Park, 13 rue du Bois Saint-Jean, B-4102 Seraing, Belgium Tel: [phone].  E-mail: [e-mail]; www.evs.com

Forward Looking Statements This press release contains forward-looking statements with respect to the business, financial condition, and results of operations of EVS and its affiliates. These statements are based on the current expectations or beliefs of EVS's management and are subject to a number of risks and uncertainties that could cause actual results or performance of the Company to differ materially from those contemplated in such forward-looking statements. These risks and uncertainties relate to changes in technology and market requirements, the company's concentration on one industry, decline in demand for the company's products and those of its affiliates, inability to timely develop and introduce new technologies, products and applications, and loss of market share and pressure on pricing resulting from competition which could cause the actual results or performance of the company to differ materially from those contemplated in such forward-looking statements. EVS undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.   About EVS EVS provides its customers with reliable and innovative technology to enable the production of live, enriched video programming, allowing them to work more efficiently and boost their revenue streams. Its industry-leading broadcast and media production systems are used by broadcasters, production companies, post-production facilities, film studios, content owners and archive libraries around the globe. It spans four key markets - Sports, Entertainment, News and Media.   Founded in 1994, its innovative Live Slow Motion system revolutionized live broadcasting. Its reliable and integrated tapeless solutions, based around its market-leading XT server range, are now widely used to deliver live productions worldwide. Today, it continues to develop practical innovations, such as its C-Cast second-screen delivery platform, to help customers maximize the value of their media content.   The company is headquartered in Belgium and has offices in Europe, the Middle East, Asia and North America. Approximately 515 EVS professionals from 20 offices are selling its branded products in over 100 countries, and provide customer support globally. EVS is a public company traded on Euronext Brussels: EVS, ISIN: BE0003820371. For more information, please visit www.evs.com.

Press release in pdf format

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Source: EVS Broadcast Equipment via Globenewswire

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