Key Information Relating to Return of Capital to be Paid by Paratus

Source: www.gulfoilandgas.com 11/29/2024, Location: South America

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.


United States >>  1/18/2025 - Chevron Corporation (NYSE: CVX) announced a total contribution of $1 million to the California Fire Foundation, American National Red Cross, and the L...
Canada >>  1/17/2025 - Hydro One Limited (TSX: H), the largest electric transmission and distribution utility in Ontario, plans to release its fourth quarter financial resul...

Canada >>  1/17/2025 - PetroTal Corp. ("PetroTal") (TSX: TAL, AIM: PTAL and OTCQX: PTALF) announces the issuance of Common Shares to employees pursuant to its Performance Sh...
Canada >>  1/17/2025 - PetroTal Corp. ("PetroTal") (TSX: TAL, AIM: PTAL and OTCQX: PTALF), announces that, in accordance with the terms of its share buyback programme announ...

Canada >>  1/17/2025 - On November 4, 2024 Gran Tierra Energy Inc. ("Gran Tierra") announced a normal course issuer bid (the "NCIB") through the facilities of the Toronto St...
China >>  1/17/2025 - Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, announced th...




Gulf Oil and Gas
Copyright © 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.