Stock Information and Dividend

  • COMPANY
  • |      August 2018

Stock Information

A proven means for medium-sized companies is to go public in order to generate fresh capital. INNVENTT MEDIA PRODUCTION HOLDING PLC (INNVENTT) does not plan to go down this route at this time. We intend to generate the capital required for the company growth and R&D from the equity of our expected annual corporate profits; less the dividend to be paid (see next section 'Announcement').

Our goal is to make INNVENTT completely independent from bank loans, investor funds or other external impacts in the medium term.

Dividend

Announcement

Once a year, independent experts will conduct a company valuation at INNVENTT, the result of which will be used to determine the face value of our shares for the coming financial year.

On the basis of the earnings achieved in 2019, the Executive Board (BoD) and Supervisory Board (BoS) will propose a dividend of 25% per ordinary and preferred share at the Annual General Meeting to be held on Wednesday, 15 January 2020.

We will pay only one class of dividend, which applies to both types of shares. Even if the planned revenues should permit higher dividend payments, we will pay a maximum of 25% per share in the first three to five years.

The remaining liquidity will provide solid financing for the company's growth and we will build reserves for future investments such as R&D, the purchase of an office building to enhance the company's value and the construction of the prototype of Timber Tee's World™ Golf Concept & Theme Park in the greater Manchester / Liverpool area.

Determination of the enterprise value and the share value

THE VIABLE ENTERPRISE VALUE IS JUSTIFIED BY VARIOUS R&D ACTIVITIES IN THE YEARS 2017 - 2018 WITH RESPECT TO THE NEW 3D VIDEO PRODUCTION USING VR AND AR TECHNOLOGY AND THE SIGNIFICANTLY GREATER VARIETY OF MARKETABLE INTANGIBLE ASSETS & LITERARY WORKS. THE NEW AUXILIARY CALCULATION OF OUR BRAND VALUE WAS PERFORMED WITH THE LICENSE PRICE ANALOGY METHOD. WITH FORECASTED REVENUES, A MARKET LICENSE RATE OF 6%, BRAND SPECIFIC EXPENSES OF 10% FOR IN-HOUSE PRODUCTION OF OUR INTANGIBLE ASSETS, A CORPORATE INCOME TAX RATE OF 20% IN 2018 AND A DISCOUNT FACTOR OF 10%, OUR BRAND VALUE IS ESTIMATED AT £42.6 MILLION AT 31 DECEMBER 2018.

2,500,000 ORDINARY SHARES (IN WORDS: TWO MILLION FIVE HUNDRED THOUSAND ORDINARY SHARES) WORTH £8.52 EACH WERE ISSUED, ALLOTTED AND PAID IN FULL IN CASH AT PAR VALUE AS INTANGIBLE ASSETS AND REAL INVESTMENT.