Borr Drilling Limited (NYSE: BORR) and (OSE: BORR) announces that the Company's Board of Directors has approved a cash distribution of paid-in capital of US$0.10 per share for the first quarter of 2024.
Note to shareholders registered in Euronext VPS, the Norwegian Central Security Depository:
Due to implementation of the Central Securities Depository Regulation (CSDR) in Norway, please note the information regarding the payment date for the shares registered in Euronext VPS below.
Effective as of May 28, 2024, the New York Stock Exchange ("NYSE") will settle its trades on a T+1 basis, while the Oslo Stock Exchange ("OSE") will continue to settle its trades on a T+2 basis. As a result, there will be different ex-dividend dates between the two exchanges, as set out below.
Key information:
- Distribution amount: $0.10 per share
- Declared currency: USD. Dividends payable to shares registered with Euronext VPS will be distributed in NOK with fixing date on 17 June, 2024.
- Date of approval: 22 May, 2024
- Last day including right OSE: 30 May, 2024
- Last day including right NYSE: 31 May, 2024
- Ex-date OSE: 31 May, 2024
- Ex-dateNYSE: 3 June, 2024
- Record date OSE/NYSE: 3 June, 2024
- Payment date: On or about 17 June, 2024.
Due to the implementation of CSDR in Norway, distributions payable on shares registered with Euronext VPS is expected to be distributed to Euronext VPS shareholders on or about 20 June, 2024.
