Deep Value Driller Announces Dividend Distribution

Deep Value Driller AS (DE:9YG) has released an update.

Deep Value Driller AS has announced a dividend distribution of NOK 1.50 per share, totaling approximately NOK 130 million, to be paid on or about 1 July 2024. The dividend, derived from the group’s operational free cash flow, will be deemed a repayment of paid-in capital, not a taxable dividend. The company’s drillship ‘Deep Value Driller’ continues to perform with 99% operational efficiency under a contract with Eni Côte d’Ivoire Ltd.

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