UniVision leaps on contract wins and proposed dividend

UniVision, which designs and installs digital surveillance and integrated security systems, saw its shares rocket on Monday after securing a number of new contracts in Hong Kong.

UniVision, which designs and installs digital surveillance and integrated security systems, saw its shares rocket on Monday after securing a number of new contracts in Hong Kong.

Together the four contacts have a total value in the region on £1.1m and include the CCTV for the Island South railway line for the Mass Transit Railway Corp., and CCTV at Hong Kong International Airport for the Hong Kong Government's Civil Aviation Department.

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The group also announced plans to pay an annual final dividend, the size of which will be determined by the cash position and financial performance of the company in each relevant reporting period.

The share price rose 29.17% to 0.78p by 13:50.

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