Harvest Technology plc - Interim Dividend & Business Update

On 2 December 2022, Harvest Technology plc announced that it will distribute a net interim dividend of €0.01 per share which is 37.5% lower than the corresponding interim dividend of €0.016 per share paid out in November 2021. Shareholders as at close of trading on Tuesday 6 December 2022 will be entitled to receive the dividend which will be paid by not later than 20 December 2022.

Harvest also provided an update on its business performance. In this respect, Harvest explained that regulatory developments are adversely impacting the performance of its ‘Payment Processing Services’ arm. Moreover, the company also experienced delays in the award of several multi-million euro contracts which were expected to start in 2022 but will now start in 2023. As a result, the profit before tax for the 2022 financial year is expected to be lower than the projected figure of €3 million as indicated in early June 2022.