Shareholders of the IBS Group Approved Dividends for the FYE March 31, 2013

Sep 04, 2013, 05:30 ET from IBS Group Holding Ltd

RAMSEY, the Isle of Man, September 4, 2013 /PRNewswire/ --

IBS Group Holding Limited (IBSG:GR; IBSGq.DE), a leading software developer and IT services provider in Central and Eastern Europe, has announced today that the Annual Shareholder's Meeting approved dividends for the FYE March 31, 2013.

On September 3rd 2013 shareholders of the IBS Group Holdings Limited approved the recommendation of the Board of Directors to pay dividends in the amount of US$0.32 per share for the FYE March 31, 2013. The record date for dividends was set at August 9, 2013, and dividend payment to be effected before end of January, 2014.

About IBS Group Holding Limited

IBS Group is a leading software development and IT services provider in Central and Eastern Europe. Through its two principal subsidiaries, Luxoft and IBS IT Services, it offers a wide variety of information technology services, such as software development and IT services outsourcing, IT infrastructure and business applications implementation. IBS Group has business operations in Russia, Ukraine, Romania, Poland, Germany, Switzerland, the UK, the USA, Vietnam and Singapore. IBS Group employs more than 8,500 people worldwide. In the year ended March 31, 2013, the Group reported US GAAP consolidated revenues of US$870.3 million. IBS Group's Global Depositary Receipts are listed on the Regulated Market (General Standard) at the Frankfurt Stock Exchange (Bloomberg: IBSG:GR; Reuters: IBSGq.F)

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SOURCE IBS Group Holding Ltd