SCHIEDAM, Netherlands, April 7, 2016 (GLOBE NEWSWIRE) -- 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 6, 2016.
Shareholders voted in favor of the proposed US$0.21 per ordinary share dividend distribution. Dividends will be paid in Euros using an exchange rate of 1.1368, which equates to €0.1847 per ordinary share. The cash dividend is payable on May 3, 2016 to all shareholders of record as at April 11, 2016 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.
Mr T.M.E. Ehret and Mr F.G.H. Deckers were reappointed as members of the Supervisory Board. Chief Financial Officer of SBM Offshore, Mr. P.M. van Rossum, was reappointed as a member of the Management Board.
Further details on the adopted resolutions can be found on the Company's website.
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