Dividend information
Reference is made to the Q2 2022 Presentation launched 29 August 2022.
BW Offshore Limited (“BW Offshore”) supplies the next key information regarding its money dividend and dividend in-kind for Q2 2022.
Cash dividend:
Cash dividend quantity: USD 0.035 per share
Declared forex: USD
Dividend in-kind:
Type of dividend: Shares in BW Energy Limited (“Dividend Shares”), which will likely be delivered to the VPS account on which the respective eligible BW Offshore shareholders maintain their shares in BW Offshore.
Total worth of Dividend Shares: Approximately USD 5,000,000
Price per Dividend Shares: NOK 26.31 (5-days quantity weighted common value (VWAP) finish of 26 August 2022)
USDNOK: 9.6602 (26 August 2022)
Dividend Shares per BW Offshore share: 0.0102 (rounded downwards to the closest complete variety of Dividend Shares)
Maximum variety of Dividend Shares to be distributed: 1,835,978
Timeline:
Date of approval: 28 August 2022
Last day inclusive: 30 August 2022
Ex-date: 31 August 2022
Record date: 1 September 2022
Dividend cost date and supply of Dividend Shares to shareholders: On or about 8 September 2022
This information is printed in accordance with the necessities of the Continuing Obligations.
[email protected] www.bwoffshore.com
About BW Offshore:
BW Offshore engineers modern floating manufacturing options. The Company has a fleet of 10 FPSOs with potential and ambition to develop. By leveraging 4 many years of offshore operations and venture execution, the Company creates tailor-made offshore vitality options for evolving markets world-wide. BW Offshore has round 2,000 staff and is publicly listed on the Oslo inventory change.
This information is topic to the disclosure necessities pursuant to Section 5-12 the Norwegian Securities Trading Act
https://www.globenewswire.com/news-release/2022/08/29/2505604/0/en/BW-Offshore-Dividend-information.html
