Stainless Tankers – Updated key information relating to proposed cash dividend
This notice updates the key information relating to the proposed cash dividend published by Stainless Tankers ASA (the "Company") on 8 November 2023. The Company's general meeting has resolved to pay a cash dividend, the key information regarding this dividend is as follows:
Dividend amount: USD 0.160 per share
Dividend distribution: in NOK at 1.715520 per share
Last day including right: 23 November 2023
Ex-date: 24 November 2023
Record date: 27 November 2023
Payment date: on or about: 30 November 2023
Date of approval: 23 November 2023
Other information: The distribution will constitute a repayment of the Company's paid-in capital.
For more information, please contact:
Alex Karakassis, CEO
E-mail: alex.karakassis@tufton.com
Erol Sarikaya, CFO
E-mail: erol.sarikaya@tufton.com
About Stainless Tankers ASA | www.stainlesstankers.com
Stainless Tankers ASA is a shipping company specialized in providing seaborne transportation of chemical cargoes worldwide. The Company provides investors with pure-play stainless steel chemical tanker exposure in an investor friendly structure through its fleet of seven stainless steel vessels, each with an approximate total carrying capacity of 20,000dwt. The fleet is managed by Tufton Management Limited, with a primary focus on maximizing earnings and distributing excess operating cashflow to shareholders.
About Tufton
Tufton is a leading investment manager focused on the shipping industry, with c.$1.0 bn of assets under management across a number of funds, including London-listed Tufton Oceanic Assets Limited (SHIP.L) and Euronext Growth Oslo listed Stainless Tankers ASA (STST).
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
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