Dividend

Prosafe’s objective is to provide shareholders with a competitive, risk-adjusted yield on their shares through a combination of share price appreciation and direct return in the form of dividend.

The exact level of dividend to be paid in each period will depend on the supply/demand balance in the market, the investment level and the overall financial position of the Group.

As part of the agreed amendments to its credit facilities in the summer of 2016, Prosafe has agreed that it will not issue any dividends, bond or complete any equity buy-back unless all voluntary skipped amortisations have been prepaid and until all bank lenders have received repayments equal to all deferred instalments.