Philly Shipyard ASA: Distribution of dividend
18 February 2016 - 5:55PM
On 17 February 2016, the Board of Directors of
Philly Shipyard ASA (Oslo: PHLY) resolved to pay a dividend to the
shareholders of PHLY as of expiry of 23 February 2016, of USD 0.25
per share, in aggregate USD 3,026,975.25. The dividend is
classified for accounting purposes as a repayment of previous paid
in share premium. The resolution was made pursuant to an
authorization granted by the Annual General Meeting of PHLY on 15
April 2015.
The shares in PHLY will be traded ex-dividend from
and including 24 February 2016. The dividend will be paid on or
about 4 March 2016 to the bank account registered on the relevant
shareholder's securities depository (VPS) account.
***
Philly Shipyard is a leading U.S. commercial
shipyard constructing vessels for operation in the Jones Act
market. It possesses a state-of-the-art shipbuilding facility
and has earned a reputation as the preferred provider of oceangoing
merchant vessels with a track record of delivering quality ships.
Philly Shipyard is listed on the Oslo Stock Exchange and is
majority-owned by Aker Capital II AS, which in turn is
majority-owned by Aker ASA. Aker is a Norwegian industrial
investment company that creates value through active ownership.
Aker's investment portfolio is concentrated on key Norwegian
industries that are international in scope:
oil and gas, fisheries and biotechnology, and
marine assets. Aker's industrial holdings comprise ownership
interests in Aker Solutions, Kvaerner, Det norske oljeselskap, Aker
BioMarine, Ocean Yield, Havfisk and Akastor.
This information is subject to the disclosure
requirements pursuant to section 5-12 of the Norwegian Securities
Trading Act.
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Philly Shipyard ASA via Globenewswire
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