ATHENS, Greece, Might 16, 2024 (GLOBE NEWSWIRE) — Okeanis Eco Tankers Corp. (OET or the Firm) (NYSE: ECO / OSE: OET), introduced right this moment that the Firm’s board of administrators (the Board) has declared a dividend on its frequent shares, which is classed as a return of capital for accounting functions (the Dividend).
Attributable to implementation of the Central Securities Depository Regulation (CSDR) in Norway, shareholders who maintain shares registered in Euronext Securities Oslo, the central securities depository in Norway (VPS) ought to please word the knowledge on the fee date to the shares registered in VPS under.
Efficient as of Might 28, 2024, the New York Inventory Change (NYSE) will settle its trades on a T+1 foundation, whereas the Oslo Inventory Change (OSE) will proceed to settle its trades on a T+2 foundation. Because of this, there shall be completely different ex-dividend dates between the 2 exchanges, as set out under.
Key data regarding the Dividend:
- Dividend quantity: USD 1.10 per frequent share.
- Declared forex: USD. Dividends payable to frequent shares registered within the Euronext VPS shall be distributed in NOK.
- Date of Board approval: Might 15, 2024.
- Final day together with proper OSE: June 3, 2024, the final date on which the Firm’s frequent shares buying and selling on the OSE will embrace the entitlement to the Dividend.
- Final day together with proper NYSE: June 4, 2024, the final date on which the Firm’s frequent shares buying and selling on the NYSE will embrace the entitlement to the Dividend.
- Ex-date OSE: June 4, 2024, the date on which the Firm’s frequent shares will start buying and selling on the OSE with out the entitlement to the Dividend.
- Ex-date NYSE: June 5, 2024, the date on which the Firm’s frequent shares will start buying and selling on the NYSE with out the entitlement to the Dividend.
- File date OSE and NYSE: June 5, 2024.
- Fee date: June 20, 2024. As a result of implementation of CSDR in Norway, the Dividend payable on frequent shares which might be registered within the Euronext VPS is anticipated to be distributed to Euronext VPS shareholders on or about June 25, 2024.
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The Firm encourages you to contact your financial institution, dealer, nominee or different establishment if in case you have any questions relating to the mechanics and timing of getting the Dividend attributable to your frequent shares credited to your account.
Contacts
Firm:Iraklis Sbarounis, CFOTel: +30 210 480 [email protected]
Investor Relations / Media Contact:Nicolas Bornozis, PresidentCapital Hyperlink, Inc.230 Park Avenue, Suite 1540, New York, N.Y. 10169Tel: +1 (212) [email protected]
About OET
OET is a number one worldwide tanker firm offering seaborne transportation of and refined merchandise. The Firm was integrated on April 30, 2018 below the legal guidelines of the Republic of the Marshall Islands and is listed on Oslo Børs below the image OET and the New York Inventory Change below the image ECO. The crusing fleet consists of six fashionable scrubber-fitted Suezmax tankers and eight fashionable scrubber-fitted VLCC tankers.
Ahead-Trying Statements
This communication comprises forward-looking statements, together with as outlined below U.S. federal securities legal guidelines. Ahead-looking statements present the Firm’s present expectations or forecasts of future occasions. Ahead-looking statements embrace statements concerning the Firm’s expectations, beliefs, plans, goals, intentions, assumptions and different statements that aren’t historic information or that aren’t current information or circumstances. Phrases or phrases comparable to anticipate, imagine, proceed, estimate, anticipate, hope, intend, could, ongoing, plan, potential, predict, venture, ought to, will or comparable phrases or phrases, or the negatives of these phrases or phrases, could determine forward-looking statements, however the absence of those phrases doesn’t essentially imply {that a} assertion just isn’t forward-looking. Ahead-looking statements are topic to identified and unknown dangers and uncertainties and are primarily based on doubtlessly inaccurate assumptions that might trigger precise outcomes to vary materially from these anticipated or implied by the forward-looking statements. The Firm’s precise outcomes may differ materially from these anticipated in forward-looking statements for a lot of causes, together with as described within the Firm’s filings with the U.S. Securities and Change Fee. Accordingly, you shouldn’t unduly depend on these forward-looking statements, which communicate solely as of the date of this communication. Components that might trigger precise outcomes to vary materially embrace, however are usually not restricted to, the Firm’s working or monetary outcomes; the Firm’s liquidity, together with its potential to service its indebtedness; aggressive components out there by which the Firm operates; delivery business developments, together with constitution charges, vessel values and components affecting vessel provide and demand; future, pending or current acquisitions and inclinations, enterprise technique, areas of doable enlargement or contraction, and anticipated capital spending or working bills; dangers related to operations; broader market impacts arising from struggle (or threatened struggle) or worldwide hostilities; dangers related to pandemics (together with COVID-19), together with results on demand for oil and different merchandise transported by tankers and the transportation thereof; and different components listed sometimes within the Firm’s filings with the U.S. Securities and Change Fee. Besides to the extent required by regulation, the Firm expressly disclaims any obligations or endeavor to launch publicly any updates or revisions to any forward-looking statements contained herein to replicate any change within the Firm’s expectations with respect thereto or any change in occasions, circumstances or circumstances on which any assertion relies. It’s best to, nevertheless, evaluate the components and dangers the Firm describes within the reviews it information and furnishes sometimes with the U.S. Securities and Change Fee, which will be obtained freed from cost on the U.S. Securities and Change Fee’s web site at www.sec.gov.
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This data is revealed in accordance with the necessities of the Persevering with Obligations.