April 12, 2024
SBM Offshore is pleased to announce that all resolutions were adopted as
proposed during the Annual General Meeting of April 12, 2024. The adopted
resolutions include the appointment of Patrick Jager as member of the
Supervisory Board.
Shareholders also voted in favor of the proposed all cash dividend of US$150
million, which represents a dividend distribution of US$0.8336 per ordinary
share. Dividends will be paid in Euros using the exchange rate on February
28, 2024 of 1.0895, which will result in a payout of EUR0.7651 per ordinary share.
The cash dividend is payable on May 10, 2024 to all shareholders of record as at
April 16, 2024 through the bank or broker administering the shares.
ABN AMRO is responsible for executing the dividend payment on behalf of SBM
Offshore and offers the Company's shareholders the option to participate in a
Dividend Reinvestment Plan (DRIP). By participating in this program,
shareholders can reinvest their net dividend into shares of the Company. Further
information regarding the DRIP will be made available by ABN AMRO to all
financial intermediaries.
Further details on the adopted resolutions can be found on the Company's
website.
Corporate Profile
SBM Offshore designs, builds, installs and operates offshore floating facilities
for the offshore energy industry. As a leading technology provider, we put our
marine expertise at the service of a responsible energy transition by reducing
emissions from fossil fuel production, while developing cleaner solutions for
alternative energy sources.
More than 7,400 SBMers worldwide are committed to sharing their experience to
deliver safe, sustainable and affordable energy from the oceans for generations
to come.
For further information, please visit our website at www.sbmoffshore.com
(http://www.sbmoffshore.com).
Financial Calendar Date Year
-------------------------------------------------------------
First Quarter 2024 Trading Update May 8 2024
Half Year 2024 Earnings August 8 2024
Third Quarter 2024 Trading Update November 14 2024
Full Year 2024 Earnings February 20 2025
Annual General Meeting April 9 2025
For further information, please contact:
Investor Relations
Wouter Holties
Corporate Finance & Investor Relations Manager
Mobile: +31 (0) 6 23 34 37 64
wouter.holties@sbmoffshore.com
E-mail: (mailto:wouter.holties@sbmoffshore.com)
Website: www.sbmoffshore.com (http://www.sbmoffshore.com)
Media Relations
Evelyn Tachau Brown
Group Communications & Change Director
Mobile: +377 (0) 6 40 62 30 34
evelyn.tachau-brown@sbmoffshore.com (mailto:evelyn.tachau-
E-mail: brown@sbmoffshore.com)
Website: www.sbmoffshore.com (http://www.sbmoffshore.com)
Market Abuse Regulation
This press release may contain inside information within the meaning of Article
7(1) of the EU Market Abuse Regulation.
Disclaimer
Some of the statements contained in this release that are not historical facts
are statements of future expectations and other forward-looking statements based
on management's current views and assumptions and involve known and unknown
risks and uncertainties that could cause actual results, performance, or events
to differ materially from those in such statements. These statements may be
identified by words such as 'expect', 'should', 'could', 'shall' and similar
expressions. Such forward-looking statements are subject to various risks and
uncertainties. The principal risks which could affect the future operations of
SBM Offshore N.V. are described in the 'Impact, Risk and Opportunity Management'
section of the 2023 Annual Report.
Should one or more of these risks or uncertainties materialize, or should
underlying assumptions prove incorrect, actual results and performance of the
Company's business may vary materially and adversely from the forward-looking
statements described in this release. SBM Offshore does not intend and does not
assume any obligation to update any industry information or forward-looking
statements set forth in this release to reflect new information, subsequent
events or otherwise.
Nothing in this release shall be deemed an offer to sell, or a solicitation of
an offer to buy, any securities. The companies in which SBM Offshore N.V.
directly and indirectly owns investments are separate legal entities. In this
release "SBM Offshore" and "SBM" are sometimes used for convenience where
references are made to SBM Offshore N.V. and its subsidiaries in general. These
expressions are also used where no useful purpose is served by identifying the
particular company or companies.
"SBM Offshore(®)", the SBM logomark, "Fast4Ward(®)", "emissionZERO(®)" and
"Float4Wind(®)" are proprietary marks owned by SBM Offshore.
Â