Aker Carbon Capture ASA: Key information relating to payment of cash dividend in May 2025

Rhea-AI Summary

Aker Carbon Capture ASA has announced details of its proposed extraordinary dividend payment scheduled for May 2025. The Board of Directors has proposed a total dividend of NOK 5.80 per share, to be paid in two installments: NOK 4.82 per share in March 2025 and NOK 0.98 per share in May 2025.

The May 2025 dividend payment is subject to approval at the extraordinary general meeting (EGM) expected on March 7, 2025, and completion of a proposed capital reduction. Key dates for the May dividend include: last day including right (April 25, 2025), ex-date (April 28, 2025), record date (April 29, 2025), and payment date (May 7, 2025).

Positive

• Substantial dividend distribution of NOK 5.80 per share
• Structured payment approach with two installments provides steady shareholder returns

Negative

• Dividend payment subject to EGM approval and capital reduction completion
• Capital reduction may impact company's financial flexibility

FORNEBU, Norway, Feb. 12, 2025 /PRNewswire/ -- Reference is made to the announcement by Aker Carbon Capture ASA (the "Company") on 12 February 2025 where the Board of Directors announced, among other things, that it had resolved to propose to the Company's extraordinary general meeting expected to be held on 7 March 2025 (the "EGM") an extraordinary dividend to the Company's shareholders of NOK 5.80 per share, of which NOK 4.82 per share is proposed to be paid in March 2025 and NOK 0.98 is proposed to be paid in May 2025 subject to completion of a proposed capital reduction.

Below is key information relating to the proposed dividend payment in May 2025. Please see a separate key information notice regarding the proposed dividend payment in March 2025.

Dividend amount: NOK 0.98 per share

Declared currency: NOK

Approval date: The proposed dividend is subject to approval by the EGM expected to be held on 7 March 2025

Last day including right: 25 April 2025

Ex-date: 28 April 2025

Record Date: 29 April 2025

Payment date: On or about 7 May 2025

For further information:

Media and Investors:
Mats Ektvedt, mobile: +47 41 42 33 28,
email: mats.ektvedt@corporatecommunications.no

This information is published in accordance with the requirements of the Continuing Obligations.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/aker-carbon-capture-asa/r/aker-carbon-capture-asa--key-information-relating-to-payment-of-cash-dividend-in-may-2025,c4104686

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SOURCE Aker Carbon Capture ASA

FAQ

What is the total dividend amount announced by Aker Carbon Capture (AKRCY) for 2025?

Aker Carbon Capture announced a total extraordinary dividend of NOK 5.80 per share, split into two payments: NOK 4.82 in March 2025 and NOK 0.98 in May 2025.

When is the ex-dividend date for AKRCY's May 2025 dividend payment?

The ex-dividend date for the May 2025 payment is April 28, 2025.

What conditions must be met for AKRCY's May 2025 dividend payment?

The May 2025 dividend payment is subject to approval at the EGM on March 7, 2025, and the completion of a proposed capital reduction.

What is the record date for AKRCY's May 2025 dividend payment?

The record date for the May 2025 dividend payment is April 29, 2025.

When will AKRCY shareholders receive the May 2025 dividend payment?

Shareholders will receive the NOK 0.98 per share dividend payment on or about May 7, 2025.