Seabird Exploration Plc: NOK 0.40 Cash Distribution Proposed

13 Nov 2024 08:00 CET

13.11.2024 08:00:00 CET | Seabird Exploration Plc | Additional regulated
information required to be disclosed under the laws of a member state

Nicosia, Cyprus - 13 November 2024 - Seabird Exploration Plc ("the Company")
today announces that the Company's Board of Directors (the "Board") has proposed
a cash distribution of NOK 0.40 per share to shareholders (the "Distribution"),
to be classified as a return of paid in capital for accounting purposes.

The Distribution is subject to approval by shareholders at an Extraordinary
General Meeting (EGM), with details of the meeting to be communicated in a
forthcoming Notice of EGM. The Company will return with the specifics including
record date and payment schedule in due time.

DISCLOSURE REGULATION

This information is subject to the disclosure requirements in article 19 of the
Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading
Act.

CONTACTS

* Sveinung Alvestad, CFO, Seabird Exploration Plc, +47 952 90 460,
sveinung.alvestad@sbexp.com

ATTACHMENTS

Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17848273/18320992/5233/Download%20announce
ment%20as%20PDF.pdf

More information:
Access the news on Oslo Bors NewsWeb site

632019_Download announcement as PDF.pdf