Key information regarding the capital payment

  • Category: Press releases

Today is the last day of trading for which shares in ADS Maritime Holding Plc include the right to receive the previously announced capital payment by way of a USD 51 million reduction of the share premium account. The shares will be traded ex-dividend of the NOK equivalent of USD 2.18 per share (NOK 18.48 per share) as from Monday 22 February.

  • Amount: USD 2.18 per share (NOK 18.48 per share)
  • Currency: NOK
  • Date of approval: 10 December 2020 in a special resolution at an Extraordinary General Meeting of shareholders and subsequently on 16 February 2021 by the District Court of Limassol, Cyprus
  • Last day including right: 19 February 2021
  • Ex-div date: 22 February 2021
  • Record date: 23 February 2021
  • Payment date: on or about 1 March 2021
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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.