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RNS Number : 2892C Power Probe PLC 29 April 2026
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 https://powerprobe.com/en/
(https://protect.checkpoint.com/v2/r02/___https:/powerprobe.com/en/___.YXAxZTpzaG9yZWNhcDpjOm9mZmljZTM2NV9lbWFpbHNfYXR0YWNobWVudDpmYTIwNmMzOGZkZTcwZDhjNGE4NGNiMWM5YmMwZDliMzo3OjA5NmY6ODdiYjc2YjBhMWFjZTczZWJhNTQzZGJhZjk0MDlhNWM3NDgyNWE4YmMxNTA0ZDE2YTQxZWFjYTBkMjMwMjhkMTpwOkY6Tg)
Chema Garcia, Chief Executive Officer
c/o Sodali & Co
Fabio Medina, Chief Financial Officer
Tom Marsh, Corporate Development & Investor Relations
Shore Capital (Nominated Adviser & Broker) +44 (0)20 7408 4090
Toby Gibbs / Harry Davies-Ball
Sodali & Co +44 (0)78 5543 2699
James White / Tilly Abraham / James Whitaker powerprobe@client.sodali.com (mailto:powerprobe@client.sodali.com)
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".
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