Paratus Energy Services Plans Significant Shareholder Distribution

Author: Evelyn Baker Updated: 05-28-2025 01:39 AM

Paratus Energy Services Announces Shareholder Cash Distribution

Paratus Energy Services Ltd. (ticker: PLSV) is set to initiate a significant return of capital to its shareholders as confirmed by the company’s Board of Directors. This distribution reflects the company's robust financial health and commitment to rewarding its investors. The planned payout is structured as a return of capital from the Contributed Surplus account, comprising amounts previously contributed by shareholders.

Key Details of the Capital Return

Below are the essential details concerning the return of capital distribution:

Return of capital: USD 0.22 per share
Equivalently, approximately NOK 2.23
Last day including entitlement: June 2, 2025
Ex-date: June 3, 2025
Record date: June 4, 2025
Payment date: June 11, 2025
Date of approval from the Board: May 27, 2025

The payments will be managed manually for shareholders who hold shares outside the Euronext Securities Oslo/VPS, ensuring all stakeholders receive their entitled distributions efficiently.

Importance of the Distribution for Shareholders

This cash distribution is a strategic move that reflects Paratus’s ongoing efforts to enhance shareholder value. By returning a portion of its capital, Paratus not only provides immediate value to its shareholders but also reinforces its commitment to maintaining a strong balance sheet.

Such distributions can also indicate a company’s strong cashflow and profitability, which can instill further confidence in current and potential investors.

About Paratus Energy Services Ltd.

Paratus Energy Services Ltd., trading under the ticker PLSV, operates as a holding company overseeing a collection of prominent energy services firms. The Paratus Group primarily consists of its stakes in Fontis Energy, an offshore drilling service with a fleet of five advanced jack-up rigs, and a 50/50 joint venture in Seagems, recognized for its exceptional subsea services with a fleet of six versatile pipe-laying support vessels.

The company also holds the largest share in Archer Ltd, a global player in oil services, which is publicly traded on the Euronext Oslo Børs. This diverse portfolio positions Paratus Energy Services as a pivotal entity in the energy sector, providing significant services and contributing to the industry's growth.

Frequently Asked Questions

What is the amount being distributed to shareholders?

The return of capital is set at USD 0.22 per share, which is approximately NOK 2.23.

When will the capital be distributed?

The payment date for the capital distribution is scheduled for June 11, 2025.

Is the distribution applicable to all shareholders?

Yes, all eligible shareholders will receive the distribution, though those outside the Euronext Securities Oslo/VPS will have manual handling.

What type of account will the distribution be made from?

The distribution will be made from the Company’s Contributed Surplus account.

How does this distribution benefit shareholders?

This distribution provides immediate cash returns, demonstrating the company’s profitability and commitment to shareholder value.

About The Author

Greetings, I'm 32-year-old author and financial specialist Evelyn Baker. My introduction into the financial industry started with an economics degree and continued with a wealth of experience in wealth management and financial consulting. My great passion over the years has been assisting people and companies in making wise, well-informed decisions to reach their financial objectives.

My goal with writing is to simplify difficult financial ideas into understandable, doable guidance. My goal in writing many books and articles is to make personal finance understandable to everyone, irrespective of their experience or background. I want to give readers the information they need to take charge of their financial futures, from investing and retirement planning to budgeting and saving.

Along with my writing, I lead webinars and workshops where I provide doable advice and methods for achieving financial success. To reach a larger audience, I also frequently contribute to financial blogs and publications. My method is always to offer doable, real-world guidance that can actually improve people's lives.

Aside from my job, I like to cook, travel, and experience other cultures. I work hard to apply my belief in the value of a balanced life to my financial counsel. My goal in working is to encourage and enable people to succeed financially so they may lead the best lives possible.

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