Borr Drilling Limited (NYSE and OSE: BORR) announces that the Company’s Board of Directors has approved a cash distribution of paid-in capital of US$0.02 per share for the third 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”) settles its trades on a T+1 basis, while the Oslo Stock Exchange (“OSE”) continues 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: $0.02 per share
- Declared currency: USD.
- Dividends payable to shares registered with Euronext VPS will be distributed in NOK with fixing date on 19 December, 2024.
- Date of approval: 6 November, 2024
- Last day including right OSE: 27 November, 2024
- Last day including right NYSE: 27 November, 2024
- Ex-date OSE: 28 November, 2024
- Ex-date NYSE: 29 November, 2024
- Record date: 29 November 2024
- Payment date: On or about 16 December, 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 December 19, 2024.
