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Power Probe PLC's Board declared an initial dividend of 2.16 cents (1.60 pence) per ordinary share, payable on 29 May 2026 to shareholders registered on 8 May 2026, with shares trading ex-dividend on 7 May 2026. The Company also published its Annual Report and Accounts for the full year ended 31 December 2025 on its website on 29 April 2026.
| Date | 29 Apr 2026 |
| Time | 07:00:09 |
| Category | Capital structure |
| ID | 2892C |
29 April 2026
Power Probe PLC
("Power Probe", the "Group" or the "Company")
Dividend Declaration and Annual Report and Accounts
Power Probe, a leading producer of automotive electrical diagnostic tools for professional service technicians, is pleased to announce that the Board has declared an initial dividend of 2.16 cents (1.60 pence[1]) per ordinary share, to be paid on 29 May 2026 to holders registered at the close of business on 8 May 2026. The Company's shares will trade ex-dividend on 7 May 2026 (the "Initial Dividend").
The Initial Dividend is not a final dividend in respect of the full year ended 31 December 2025 and is not therefore subject to shareholders' approval at the annual general meeting.
Going forwards, the Board will declare interim and final dividends in line with a progressive dividend policy which reflects the long-term earnings and cashflow potential of the Group whilst maintaining an appropriate level of dividend cover. In line with this policy, the Board intends to declare an interim dividend in September 2026 for the period ending 30 June 2026.
The Annual Report and Accounts has today been published on the Company's website and will be posted to shareholders alongside the notice of annual general meeting in due course.
[1] Based on USD / GBP exchange rate of 1.35 as of 24 April 2026
ENDS
CONTACT DETAILS
|
Power Probe Chema Garcia, Chief Executive Officer Fabio Medina, Chief Financial Officer Tom Marsh, Corporate Development & Investor Relations |
c/o Sodali & Co |
|
Shore Capital (Nominated Adviser & Broker) Toby Gibbs / Harry Davies-Ball |
+44 (0)20 7408 4090 |
|
Sodali & Co James White / Tilly Abraham / James Whitaker |
+44 (0)78 5543 2699
|
About Power Probe
Power Probe is a leading producer of automotive electrical diagnostic tools for professional service technicians.
The Group was founded in 1992 in California, USA, and has grown to become an internationally renowned brand, designing and distributing over 120 products. It is driven by a relentless focus on product quality, continuous innovation and customer care, as captured in its mission statement: "Simplifying Automotive Diagnostics".