ATN declares dividend

About this update from Asian Television Network International Limited

[{"type":"text","content":"\n\n\n\n\n\nTORONTO, March 25, 2013 /CNW/ - Asian Television Network International\n Limited (ATN) (TSX-SAT),\n\n\nIn accordance with the Company's dividend policy, the board of directors\n declared today a dividend of $0.02 on each common share outstanding,\n payable, on April 30, 2013, to shareholders of record at the close of\n business of April 15, 2013.\n\n\nThe dividend policy will be reviewed periodically by the board of\n directors. The board of directors has the sole discretion to declare\n and to adjust or eliminate dividends based on relevant considerations,\n including the Company's need to retain capital to support its stability\n and growth, and compliance with applicable laws.\n\n\nThe Company advises that the dividend to be paid on the common shares on\n April 30, 2013 are designated as an \"eligible dividend\" for Canadian\n income tax purposes.\n\n\nATN serves Canada's diverse cultural communities with 35 premium\n specialty television channels. ATN offers its flagship general interest\n service, several Bollywood movie channels, and a variety of channels\n that include sports, news, music, lifestyle, spiritual and several\n regional languages. ATN is Canada's pioneer distributor of World Class\n Cricket. ATN operates the only South Asian Radio Service 24 hours a day\n on XM across The United States and Canada.\n\n\nNeither the Toronto Venture Exchange, nor its regulation services\n provider (as that term is defined in the policies of the exchange),\n accepts responsibility for the adequacy or accuracy of this release\n\n\nCertain information in this press release may contain forward-looking\n statements. This information is based on current expectations that are\n subject to significant risks and uncertainties that are difficult to\n predict, including the risk that the Company may in future change its\n dividend policy. Actual results might differ materially from results\n suggested in any forward-looking statements.\n\n\nThe Company assumes no obligation to update the forward-looking\n statements, or to update the reasons why actual results could differ\n from those reflected in the forward-looking statements unless and until\n required by securities laws applicable to the Company. Additional\n information identifying risks and uncertainties is contained in filings\n by the Company with the Canadian securiti...

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