Reference is made to the announcement by Paratus Energy Services Ltd. (ticker “PLSV”) (“Paratus” or the “Company”) today 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.
Please find below the key information relating to the return of capital.
Return of capital: USD 0.22 per share
Declared currency: USD
Last day including right: December 2, 2024
Ex-date: December 3, 2024
Record date: December 4, 2024
Payment date: December 13, 2024
Date of approval: November 28, 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.
This information is subject to the disclosure requirements pursuant to section 5-12 the Norwegian Securities Trading Act.