Assima : Dividend, Share buy-back and EGM

LONDON, August 17, 2015

On Friday 15th of January, the board of Assima Plc, after assessing the significant improvement of cash-flow generated by operations in 2015, has decided:

• A 6.5 cent dividend (per ALSIM share), to be paid on February 1st;
• An increase of the current share buy-back plan,
• The calling of an EGM for February 3rd to confirm the new share buy-back plan.

Dividend

The 6.5 cent dividend will represent an expense of €527,101 and will come out of the distributable reserves of the Plc. The payment will be executed through Euroclear on February 1st and the share will be post-dividend of the 2nd of February.

New Share buy-back plan

At the last AGM, on June 30th 2015, the shareholders have approved a share buy-back plan of up to 350,000 shares. In execution and compliance of the terms of that plan, and as of this day (January 18th, 2016), the company holds 303,554 ALSIM shares in treasury. The board of directors has decided to extend the plan, close to completion, and proposes the purchase of an additional tranche of up to 450,000 shares. These two plans, if executed would represent 10% of the issued capital, and would lead to Klimt Invest reaching 49.9% of shares and voting rights in Assima. The terms and conditions of the new share buy-back plan would be the same than the initial one.

Extraordinary General Meeting

To give to the directors full authority to execute the new share buy-back plan, as proposed by the board, an EGM is called for February 3rd, in London (at the company HQ, 1 Ropemaker street, EC2Y 9HT), at 9H30.

The 2 resolutions to be proposed and voted at the EGM are solely related to the share buy-back plan. Resolution 1: Cancellation of the ALSIM shares hold in treasury on the day of the EGM Resolution 2: New share buy-back plan of up to 450,000 shares. These shares could be purchased on the market from the day of the EGM (provided that 2015 un-audited accounts will have been released by then) until February 3rd 2017.The detail of the proposed plan are in appendix of this press release.

Due to the complexity of the company's structure the board has not yet received a draft of the 2015 accounts, nevertheless based on the November consolidation and the estimated revenue for December, we can already confirm a return to growth and profit for the past year in accordance to prior guidance.

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About ASSIMA

ASSIMA is a software publisher helping Fortune 500 companies to leverage their IT investments through by increasing end-user performance and business agility. ASSIMA's solutions are distributed worldwide through 11 subsidiaries, in Europe, (UK, France, Germany, Switzerland, Ireland, Denmark, The Netherland, Spain), in North America (USA, Canada), and Africa (South Africa).

Contact: Michel Balcaen
E-mail : [e-mail] www.assima.net