Paratus Energy Services Ltd. today announced that the Board of Directors has approved a cash distribution to shareholders as specified below. The distribution will be in the form of return of capital and will be made from the Company's Contributed Surplus account which consists of previously paid in share premium transferred from the Company's Share Premium account.
• Return of capital: $0.22 per share
• Declared currency: USD
• Last day including right: September 11, 2024
• Ex-date: September 12, 2024
• Record date: September 13, 2024
• Payment date: September 23, 2024
• Date of approval: September 9, 2024
The cash distribution has been declared in USD with actual NOK payments per share to be determined based on the applicable exchange rate at the time of conversion, to be set as close as practically possible prior to the payment date.Payment of cash distribution to shareholders holding shares outside the Euronext Securities Oslo/VPS will be handled manually.