Hamilton, Bermuda (May 15, 2025)
Distribution of shareholder return
Reference is made to the announcement by Archer Limited (ticker “ARCH) today that the Board of Directors has approved a cash distribution to shareholders as specified below. The distribution will be in the form of return of capital and will be made from the Company’s Contributed Surplus account which consists of previously paid in share premium transferred from the Company’s Share Premium account.
Please find below the key information relating to the return of capital.
- Return of capital: NOK 0.63 per share
- Declared currency: NOK
- Last day including right: May 16, 2025
- Ex-date: May 19, 2025
- Record date: May 20, 2025
- Payment date: May 28, 2025
- Date of approval: May 15, 2025
For further information, please contact:
Espen Joranger, Chief Financial Officer, Mobile: +47 982 06 812, Email: espen.joranger@archerwell.com
Joachim Houeland, Manager Treasury and Investor Relations, Mobile: +47 482 78 748, Email: joachim.houeland@archerwell.com
This information is subject to the disclosure requirements according to Section 5-12 of the Norwegian Securities Trading Act.