Okeanis Eco Tankers Corp. – Key Information relating to Q2 2024 dividend
08 Agosto 2024 - 11:05PM
Okeanis Eco Tankers Corp. (“OET” or the “Company”) (NYSE: ECO /
OSE: OET), announced today that the Company's board of directors
(the “Board”) has declared a dividend on its common shares, which
is classified as a return of capital for accounting purposes (the
“Dividend”).
Due to implementation of the Central Securities
Depository Regulation (“CSDR”) in Norway, shareholders who hold
shares registered in Euronext Securities Oslo, the central
securities depository in Norway (“VPS”) should please note the
information on the payment date to the shares registered in VPS
below.
Since May 28, 2024, the New York Stock Exchange
(“NYSE”) has been settling its trades on a T+1 basis, while the
Oslo Stock Exchange (“OSE”) continues to settle its trades on a T+2
basis. As a result, there will be different ex-dividend dates
between the two exchanges, as set out below.
Key information relating to the Dividend:
- Dividend amount: USD 1.10 per common share.
- Declared currency: USD. Dividends payable to common shares
registered in the Euronext VPS will be distributed in NOK.
- Date of Board approval: August 8, 2024.
- Last day including right OSE: August 19, 2024, the last date on
which the Company’s common shares trading on the OSE will include
the entitlement to the Dividend.
- Last day including right NYSE: August 20, 2024, the last date
on which the Company’s common shares trading on the NYSE will
include the entitlement to the Dividend.
- Ex-date OSE: August 20, 2024, the date on which the Company’s
common shares will begin trading on the OSE without the entitlement
to the Dividend.
- Ex-date NYSE: August 21, 2024, the date on which the Company’s
common shares will begin trading on the NYSE without the
entitlement to the Dividend.
- Record date OSE and NYSE: August 21, 2024.
- Payment date: September 5, 2024. Due to the implementation of
CSDR in Norway, the Dividend payable on common shares that are
registered in the Euronext VPS is expected to be distributed to
Euronext VPS shareholders on or about September 10, 2024.
The Company encourages you to contact your bank,
broker, nominee or other institution if you have any questions
regarding the mechanics and timing of having the Dividend
attributable to your common shares credited to your account.
Contacts
Company:Iraklis Sbarounis, CFOTel: +30 210 480
4200ir@okeanisecotankers.com
Investor Relations / Media Contact:Nicolas
Bornozis, PresidentCapital Link, Inc.230 Park Avenue, Suite 1540,
New York, N.Y. 10169Tel: +1 (212)
661-7566okeanisecotankers@capitallink.com
About OETOET is a leading
international tanker company providing seaborne transportation of
crude oil and refined products. The Company was incorporated on
April 30, 2018 under the laws of the Republic of the Marshall
Islands and is listed on Oslo Børs under the symbol OET and the New
York Stock Exchange under the symbol ECO. The sailing fleet
consists of six modern scrubber-fitted Suezmax tankers and eight
modern scrubber-fitted VLCC tankers.
Forward-Looking StatementsThis
communication contains “forward-looking statements”, including as
defined under U.S. federal securities laws. Forward-looking
statements provide the Company’s current expectations or forecasts
of future events. Forward-looking statements include statements
about the Company’s expectations, beliefs, plans, objectives,
intentions, assumptions and other statements that are not
historical facts or that are not present facts or conditions. Words
or phrases such as “anticipate,” “believe,” “continue,” “estimate,”
“expect,” “hope,” “intend,” “may,” “ongoing,” “plan,” “potential,”
“predict,” “project,” “should,” “will” or similar words or phrases,
or the negatives of those words or phrases, may identify
forward-looking statements, but the absence of these words does not
necessarily mean that a statement is not forward-looking.
Forward-looking statements are subject to known and unknown risks
and uncertainties and are based on potentially inaccurate
assumptions that could cause actual results to differ materially
from those expected or implied by the forward-looking statements.
The Company’s actual results could differ materially from those
anticipated in forward-looking statements for many reasons,
including as described in the Company’s filings with the U.S.
Securities and Exchange Commission. Accordingly, you should not
unduly rely on these forward-looking statements, which speak only
as of the date of this communication. Factors that could cause
actual results to differ materially include, but are not limited
to, the Company's operating or financial results; the Company's
liquidity, including its ability to service its indebtedness;
competitive factors in the market in which the Company operates;
shipping industry trends, including charter rates, vessel values
and factors affecting vessel supply and demand; future, pending or
recent acquisitions and dispositions, business strategy, areas of
possible expansion or contraction, and expected capital spending or
operating expenses; risks associated with operations; broader
market impacts arising from war (or threatened war) or
international hostilities; risks associated with pandemics
(including COVID-19), including effects on demand for oil and other
products transported by tankers and the transportation thereof; and
other factors listed from time to time in the Company's filings
with the U.S. Securities and Exchange Commission. Except to the
extent required by law, the Company expressly disclaims any
obligations or undertaking to release publicly any updates or
revisions to any forward-looking statements contained herein to
reflect any change in the Company's expectations with respect
thereto or any change in events, conditions or circumstances on
which any statement is based. You should, however, review the
factors and risks the Company describes in the reports it files and
furnishes from time to time with the U.S. Securities and Exchange
Commission, which can be obtained free of charge on the U.S.
Securities and Exchange Commission’s website at www.sec.gov.
This information is published in accordance with
the requirements of the Continuing Obligations.
Okeanis Eco Tankers (NYSE:ECO)
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