Dividend Declaration & Annual Report and Accounts

Summary by AI BETAClose X

Power Probe PLC has declared an initial dividend of 2.16 cents (1.60 pence) per ordinary share, payable on 29 May 2026, with shares trading ex-dividend on 7 May 2026. This interim dividend is not subject to shareholder approval and is part of a progressive dividend policy aimed at reflecting long-term earnings potential while maintaining dividend cover. The company also announced that its Annual Report and Accounts for the year ended 31 December 2025 has been published on its website.

Disclaimer*

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

Chema Garcia, Chief Executive Officer

Fabio Medina, Chief Financial Officer

Tom Marsh, Corporate Development & Investor Relations

https://powerprobe.com/en/

c/o Sodali & Co

 

Shore Capital (Nominated Adviser & Broker)

Toby Gibbs / Harry Davies-Ball

 

+44 (0)20 7408 4090

 

Sodali & Co

James White / Tilly Abraham / James Whitaker

 

+44 (0)78 5543 2699

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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