Seabird Exploration Plc: NOK 0.40 Cash Distribution Proposed
Nicosia, Cyprus – 13 November 2024 – Seabird Exploration Plc (“the Company”) today announces that the Company’s Board of Directors (the “Board”) has proposed a cash distribution of NOK 0.40 per share to shareholders (the “Distribution”), to be classified as a return of paid in capital for accounting purposes.
The Distribution is subject to approval by shareholders at an Extraordinary General Meeting (EGM), with details of the meeting to be communicated in a forthcoming Notice of EGM. The Company will return with the specifics including record date and payment schedule in due time.
Disclosure regulation
This information is subject to the disclosure requirements in article 19 of the Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading Act.
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