Key information regarding the cash dividend declared in relation to Q1 2020

  • Category: Press releases

Today is the last day of trading for which shares in ADS Crude Carriers Plc include the right to receive the forthcoming dividend in relation to Q1 2020 earnings, previously announced on 28 May 2020. The shares will be traded ex-dividend of the NOK equivalent of USD 0.30 per share (NOK 2.86 per share) as from tomorrow.

  • Amount: USD 0.30 per share (NOK 2.86 per share)
  • Currency: NOK
  • Date of approval: 27 May 2020, in a resolution by the Board of Directors
  • Last day including right: 3 June 2020
  • Ex-div date: 4 June 2020
  • Record date: 5 June 2020
  • Payment date: on or about 16 June 2020
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Contacts

Terje Bodin Larsen, CEO
+47 905 35 543
tbl@ads.no

Dagfinn Andersen, CFO
+47 922 91 001
dagfinn.andersen@ads.no

Disclaimer:

Forward looking statements

The information included herein may contain forward looking statements. Forward looking statements include all statements that are not historical facts, including but not limited to statements expressing or implying the Company’s intent, belief or current expectations with respect to, among other things, forecasts, estimates, and predictions. Such forward looking statements necessarily involve risks and uncertainties and are dependent on assumptions, information, data or methods that may be incorrect or imprecise. Actual results could differ materially from expectations expressed in the forward-looking statements if one or more of the underlying assumptions or expectations proves to be inaccurate or is unrealized. Actual results may differ materially from those expected or projected in the forward-looking statements. The Company undertakes no responsibility or obligation to update or alter forward-looking statements for any reason.