Paratus Energy Services to Distribute Cash to Shareholders

Author: Caleb Price Updated: 08-26-2025 02:24 AM

Paratus Energy Services Cash Distribution Details

Paratus Energy Services Ltd. (ticker: PLSV) has recently announced an important development for its shareholders. The Board of Directors of Paratus has given the green light for a cash distribution, ensuring that shareholders will receive a return on their investment during this fiscal period.

Dividend Amount and Currency

The cash distribution is set at an amount of USD 0.22 per share, which roughly translates to NOK 2.23 at current exchange rates. This strategic decision by the Board reflects the company's ongoing commitment to rewarding its shareholders, even amid varying market conditions.

Key Dates for Shareholders

There are several crucial dates associated with this cash distribution that shareholders should take note of:

Last day to include right: September 1
Ex-date: September 2
Record date: September 3
Payment date: September 16
Date of declaration: August 25

These dates are vital for shareholders to understand when they can expect to receive their dividends, and to ensure they have the shares in their portfolios prior to the record date.

Payment Processes for Shareholders

For those holding shares outside the Euronext Securities Oslo/VPS, the payment of the cash distribution will be managed manually. This process will ensure that all eligible shareholders across various markets receive their due dividends effectively and efficiently.

About Paratus Energy Services

Paratus Energy Services Ltd. (ticker: PLSV) is not just an investment company but a powerhouse comprising leading energy services entities. The Paratus group predominantly consists of its investment in Fontis Energy and a joint venture with Seagems. Fontis Energy operates with a fleet of five sophisticated jack-up rigs, facilitating offshore drilling operations. Meanwhile, Seagems stands out in subsea services, boasting a fleet of six versatile pipe-laying support vessels catering to energy needs.

Additionally, Paratus holds a significant stake in Archer Ltd, an international player in oil services, further enhancing its position in the energy market. Such involvement underlines the group's commitment to driving innovation and contributing positively to the energy sector.

Frequently Asked Questions

What is the amount of the cash distribution announced by Paratus?

The cash distribution is set at USD 0.22 per share, approximately NOK 2.23.

When will the cash distribution be paid to shareholders?

The payment date for the cash distribution will be September 16.

What is the significance of the ex-date?

The ex-date is September 2, which is the last day shareholders can buy shares to qualify for the dividend.

How will non-Euronext shareholders receive their cash distribution?

For shareholders outside the Euronext Securities Oslo/VPS, the payment will be handled manually.

Who can I contact for more information regarding this announcement?

For further information, contact Baton Haxhimehmedi, CFO, at +47 406 39 083.

About The Author

Hey there I'm Caleb Price, a writer and financial specialist who loves to assist others in understanding the financial world. Having years of practical experience and a solid background in finance, my area of expertise is converting difficult financial ideas into useful, doable insights for my blog and publications. My goal with my writing is to give readers the information and assurance they need to successfully negotiate their financial journeys.

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