PR Newswire
HAMILTON, Bermuda , May 23, 2024 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) and (OSE: BORR) today announces that the Company's Board of Directors has approved a cash distribution of paid-in capital of US$0.10 per share for the first quarter of 2024.
Note to shareholders registered in Euronext VPS, the Norwegian Central Security Depository:
Due to implementation of the Central Securities Depository Regulation (CSDR) in Norway , please note the information regarding the payment date for the shares registered in Euronext VPS below.
Effective as of May 28, 2024 , the New York Stock Exchange ("NYSE") will settle its trades on a T+1 basis, while the Oslo Stock Exchange ("OSE") will continue 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:
Distribution amount: $0.10 per share
Declared currency: USD. Dividends payable to shares registered with Euronext VPS will be distributed in NOK with fixing date on 17 June, 2024 .
Date of approval: 22 May, 2024
Last day including right OSE: 30 May, 2024
Last day including right NYSE: 31 May, 2024
Ex-date OSE: 31 May, 2024
Ex-date NYSE: 3 June, 2024
Record date OSE/NYSE: 3 June, 2024
Payment date: On or about 17 June, 2024 .
Due to the implementation of CSDR in Norway , distributions payable on shares registered with Euronext VPS is expected to be distributed to Euronext VPS shareholders on or about 20 June, 2024 .
This information is published in accordance with the requirements of the Continuing Obligations.
CONTACT:
Questions should be directed to: Magnus Vaaler , CFO, +44 1224 289208
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SOURCE Borr Drilling Limited