Annual General Meeting of Shareholders - 2019 Resolutions
April 10 2019 - 1:43PM
SBM Offshore N.V. is pleased to announce that all resolutions
were adopted as proposed during the Annual General Meeting of
Shareholders (AGM) of April 10, 2019. These include the
reappointments of Mr P.C. Barril and E. Lagendijk as members of the
Management Board and the reappointments of Mrs L.B.L.E. Mulliez,
Mrs C.D. Richard and Mr S. Hepkema as members of the Supervisory
Board.
Shareholders also voted in favor of the proposed dividend of
US$75 million, which represents a dividend distribution of
US$0.3721 per ordinary share. Dividends will be paid in Euros using
an exchange rate of 1.1270, which will result in a payout of
€0.3302 per ordinary share. The cash dividend is payable on May 3,
2019 to all shareholders of record as at April 15, 2019 through the
bank or broker administering the shares.
ABN AMRO is responsible for executing the dividend payment on
behalf of SBM Offshore and offers the Company's shareholders the
option to participate in a Dividend Reinvestment Plan (DRIP). By
participating in this program, shareholders can reinvest their net
dividend into shares of the Company. Further information regarding
the DRIP will be made available by ABN AMRO to all financial
intermediaries.
Further details on the adopted resolutions can be found on the
Company's website.
Corporate Profile
SBM Offshore N.V. is a listed holding company that is
headquartered in Amsterdam. It holds direct and indirect interests
in other companies that collectively with SBM Offshore N.V. form
the SBM Offshore Group ("the Company").
SBM Offshore provides floating production solutions to the
offshore energy industry, over the full product lifecycle. The
Company is market leading in leased floating production systems
delivered to date, with multiple units currently in operation and
has unrivalled operational experience in this field. The Company's
main activities are the design, supply, installation, operation and
the life extension of floating production solutions for the
offshore energy industry.
As of December 31, 2018, Group companies employ approximately
4,350 people worldwide, including circa 650 contractors, which are
spread over offices in key markets, operational shore bases and the
offshore fleet of vessels. Group Companies employ a further 400
people, working for the joint ventures with two construction yards.
For further information, please visit our website
at www.sbmoffshore.com.
The companies in which SBM Offshore N.V. directly and indirectly
owns investments are separate entities. In this communication "SBM
Offshore" is sometimes used for convenience where references are
made to SBM Offshore N.V. and its subsidiaries in general, or where
no useful purpose is served by identifying the particular company
or companies.
The Management Board Amsterdam, the Netherlands, April 10,
2019
Financial
Calendar |
Date |
Year |
Trading Update 1Q 2019 - Press Release |
May 16 |
2019 |
Half-Year 2019 Earnings - Press Release |
August 8 |
2019 |
Trading Update 3Q 2019 - Press Release |
November 14 |
2019 |
Full-Year 2019 Earnings - Press Release |
February 13 |
2020 |
Annual General Meeting of Shareholders |
April 8 |
2020 |
For further information, please contact:
Investor Relations Bert-Jaap Dijkstra Director
Corporate Finance and IR
Telephone: |
+31 (0) 20 236 3222 |
Mobile: |
+31 (0) 6 21 14 10 17 |
E-mail: |
bertjaap.dijkstra@sbmoffshore.com |
Website: |
www.sbmoffshore.com |
Media Relations Vincent Kempkes Group
Communications Director
Telephone: |
+31 (0) 20 2363 170 |
Mobile: |
+31 (0) 6 25 68 71 67 |
E-mail: |
vincent.kempkes@sbmoffshore.com |
Website: |
www.sbmoffshore.com |
|
|
Disclaimer
This press release contains inside information within the
meaning of Article 7(1) of the EU Market Abuse Regulation. Some of
the statements contained in this release that are not historical
facts are statements of future expectations and other
forward-looking statements based on management's current views and
assumptions and involve known and unknown risks and uncertainties
that could cause actual results, performance, or events to differ
materially from those in such statements. Such forward-looking
statements are subject to various risks and uncertainties, which
may cause actual results and performance of the Company's business
to differ materially and adversely from the forward-looking
statements. Certain such forward-looking statements can be
identified by the use of forward-looking terminology such as
"believes", "may", "will", "should", "would be", "expects" or
"anticipates" or similar expressions, or the negative thereof, or
other variations thereof, or comparable terminology, or by
discussions of strategy, plans, or intentions. Should one or more
of these risks or uncertainties materialize, or should underlying
assumptions prove incorrect, actual results may vary materially
from those described in this release as anticipated, believed, or
expected. SBM Offshore NV does not intend, and does not assume any
obligation, to update any industry information or forward-looking
statements set forth in this release to reflect subsequent events
or circumstances. Nothing in this press release shall be
deemed an offer to sell, or a solicitation of an offer to buy, any
securities.
A PDF accompanying this announcement is available
at http://ml.globenewswire.com/Resource/Download/be717833-b45e-4988-8f29-3ebb9fad3bd0
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