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Formula Systems declares USD0.31 dividend

The Formula Systems (1985) Ltd. (NASDAQ: FORTY) board of directors said it has declared a cash dividend of USD0.31 per share and in the aggregate amount of approximately US USD4.5m.

The dividend is payable on February 6, 2014 to all of the company´s shareholders of record at the close of trading on the NASDAQ Global Select Market (or the Tel-Aviv Stock Exchange, as appropriate) on January 20, 2014.

Formula Systems (1985) Ltd. is a global information technology company principally engaged, through its public company subsidiaries Matrix, Sapiens Corp. and Magic Software, in providing software consulting services, developing proprietary software products, and providing computer-based business solutions.
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