Following shareholders’ approval on 10 December 2020, the District Court of Limassol, Cyprus has today approved the USD 51 million reduction of the share premium account. The share premium reduction equates to a capital return of USD 2.18 per share. The last day of trading including the right to the share premium repayment will be 19 February, the ex-date 22 February and the payment will be made to all shareholders of ADS Maritime Holding Plc on record on 23 February 2021. Payment will be made in NOK on or around 1 March 2021.
Capital payment to shareholders of ADS Maritime Holding Plc
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- Category: Press releases
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.