Paratus Energy Services Announces Q2 2025 Cash Distribution

Paratus Energy Services Ltd. Declares Q2 2025 Cash Distribution
Today, Paratus Energy Services Ltd. (ticker: PLSV) made a significant announcement regarding its second-quarter results for 2025. The Board of Directors has resolved to distribute cash to shareholders, reaffirming the company's commitment to delivering value to its investors. This distribution is vital for shareholders and reflects the company's strong performance.
Details of the Cash Distribution
The approved dividend is set at USD 0.22 per share, which translates to approximately NOK 2.23. This payment shows the company's dedication to sharing its success with its investors and maintaining a strong financial position.
Key Dates to Remember
Investors should take note of the important dates related to this cash distribution, which include:
- Last day to hold shares with rights: September 1, 2025
- Ex-dividend date: September 2, 2025
- Record date for shareholders: September 3, 2025
- Payment date: September 16, 2025
- Date of approval from the Board: August 25, 2025
Payment Process for Shareholders
Shareholders who hold their shares outside the Euronext Securities Oslo/VPS should be aware that the cash distribution will be processed manually. It's crucial for investors to ensure that their details are up to date to facilitate smooth payments.
About Paratus Energy Services Ltd.
Paratus Energy Services Ltd. is a notable player in the energy sector, primarily operating as an investment holding company for leading energy service firms. The Paratus Group is largely composed of its stake in Fontis Energy and a joint venture in Seagems.
Companies Under the Paratus Umbrella
Fontis Energy stands out as an offshore drilling company, boasting a fleet of five cutting-edge jack-up rigs. Meanwhile, Seagems, recognized for its subsea services, operates a fleet of six versatile pipe-laying support vessels. Additionally, Paratus holds the most substantial share in Archer Ltd, another key firm in the global oil services market.
Commitment to Innovation and Sustainability
As Paratus continues its growth trajectory, the company remains focused on innovative solutions and sustainable practices. This approach not only enhances operational efficiency but also underscores its commitment to meeting the evolving demands of the energy industry.
Frequently Asked Questions
What is the cash distribution amount announced by Paratus?
Paratus Energy Services has announced a cash distribution amount of USD 0.22 per share, approximately NOK 2.23.
What are the key dates for the cash distribution?
Key dates include the last day to hold shares with rights on September 1, 2025, and the payment date on September 16, 2025.
How will payments be made to shareholders?
Shareholders outside the Euronext Securities Oslo/VPS will receive their cash distribution through a manual payment process.
What companies are part of the Paratus Group?
The Paratus Group includes Fontis Energy and Seagems, both of which play significant roles in their respective sectors of the energy industry.
What is Paratus's focus moving forward?
Paratus aims to prioritize innovation and sustainability in its operations while continuing to deliver value to its shareholders.
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