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Shares Up 14% at Prime People

Shares Up 14% at Prime People

The Board of Prime People Plc, the international real estate, infrastructure and commercial property recruitment specialist is pleased to announce that it has declared an interim dividend of 2 pence per share (2009: nil).

The interim dividend will be paid on 31 March 2010 to ordinary shareholders on the register at close of business on 26 March 2010. The ordinary shares will be marked ex-dividend on 24 March 2010.

As noted in the Company's Interim Results, during the first half of the financial year the Group rationalised its cost base to position it to be profitable, based on the level of business it expected to do in the remainder of the year to 31 March 2010. Trading has been in line with expectations and accordingly the Board expects to be able to report that the Group has traded profitably in the second half and for the year as a whole when announcing the results for the full year. The preliminary results announcement for the year ending 31 March 2010 is expected to be released in early June.

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