SED Energy Holdings Plc: USD 40 million cash distribution proposed
Nicosia, Cyprus - May 28, 2025 - SED Energy Holdings Plc (“Energy Holdings” or the “Company”) today announces that the Board of Directors has proposed a cash distribution of USD 40 million estimated to NOK 0.56 per share (the "Distribution"), to be classified as a return of paid in capital for accounting purposes.
The Distribution is subject to approval by shareholders at the Annual General Meeting (AGM), with details of the meeting to be communicated in the forthcoming Notice of AGM. The NOK per share amount is estimated based on NOKUSD 10.1288 as of May 27, 2025. The Company will return with the specifics including record date, payment schedule and final FX rate in due time.
For more information, please contact:
[email protected]