WALTHAM, Mass., Feb. 10, 2012 /PRNewswire/ -- EuroSite Power Inc., an On‑Site Utility, offering clean electricity, heat, hot water and cooling solutions to healthcare, multifamily housing and hotel properties in the United Kingdom and Europe, today announced that its board of directors declared a stock dividend of 10% per share on the outstanding shares of the company's common stock. The dividend is payable March 12, 2012 to common stockholders of record at the close of business on February 24, 2012.
About EuroSite Power
EuroSite Power provides institutional, commercial and small industrial properties with clean, reliable power, cooling, heat and hot water at lower costs than charged by local utilities – without any capital or start-up costs to the energy user. EuroSite Power, formed to introduce the On-Site Utility solution into the European market, is a subsidiary of American DG Energy Inc. (NYSE Amex: ADGE) which is headquartered in Waltham, Massachusetts. More information can be found at www.eurositepower.co.uk.FORWARD-LOOKING STATEMENTS This press release contains forward-looking statements under the Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Important factors could cause actual results to differ materially from those indicated by such forward-looking statements, as disclosed on the Company's website and in Securities and Exchange Commission filings. This press release does not constitute an offer to buy or sell securities by the Company, its subsidiaries or any associated party and is meant purely for informational purposes. The statements in this press release are made as of the date of this press release, even if subsequently made available by the Company on its website or otherwise. The Company does not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made. SOURCE EuroSite Power Inc.