(Oslo, Norway, 15 November 2024)
Please find enclosed the third quarter report for Standard Supply AS (Standard Supply, OSE:STSU). The third quarter dividend of NOK 1.10 per share was paid on October 22nd, resulting in total dividends paid of NOK 1.2bn or 6.27 per share since the IPO in 2022 not adjusted for the share consolidation in the ratio 100:1 registered on 29th October. Following this payment the Company will be left with a smaller cash position of USD 4-5 million and will continue to evaluate opportunities to maximize the remaining value of the Company.
ENDS
For further information, please contact:
CEO Espen L. Fjermestad at +47 95 20 44 93
Chairman of the Board Martin Nes at +47 92 01 48 14
standard-supply.com