Stainless Tankers – Updated key information relating to cash dividend
29 May 2025
This notice updates the key information relating to the payment of a cash dividend announced by Stainless Tankers ASA (the "Company") on 8 May 2025.
Dividend amount: USD 0.50 per share
Dividend distribution: in NOK at 5.05000 per share
Last day including right: 9 May 2025
Ex-date: 12 May 2025
Record date: 13 May 2025
Payment date: on or about 2 June 2025
Date of approval: 7 May 2025
Other information: The total dividend amount consists of the regular quarterly dividend of USD 0.275 per share and a special dividend following the sale of the Marmotas and Monax of USD 0.225 per share. The distribution will constitute a repayment of the Company's paid-in capital.
For more information, please contact:
Andrew Hampson, CEO
E-mail: andrew.hampson@tufton.com
Irene Michael, CFO
E-mail: irene.michael@tufton.com
About Stainless Tankers ASA | www.stainlesstankers.com
Stainless Tankers ASA is a shipping company specialized in providing seaborne transportation of chemical cargoes worldwide. The Company provides investors with pure-play stainless steel chemical tanker exposure in an investor friendly structure through its fleet of seven stainless steel vessels, each with an approximate total carrying capacity of 20,000dwt. The fleet is managed by Tufton Management Limited, with a primary focus on maximizing earnings and distributing excess operating cashflow to shareholders.
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.