COMPANY OF THE YEAR Why Walmart is Yahoo Finance's 2024 winner OTC Markets OTCPK - Delayed Quote • USD BW Offshore Limited (BWOFY) Follow 5.55 0.00 (0.00%) As of November 29 at 9:30:25 AM EST. Market Open. All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Per Aarsleff Holding And 2 Other Undiscovered Gems With Solid Fundamentals In the wake of recent market fluctuations, with U.S. stocks retreating amid policy uncertainties and interest rate expectations shifting, small-cap companies have faced a challenging landscape. Despite these hurdles, certain lesser-known stocks with robust fundamentals continue to offer potential opportunities for investors seeking stability and growth. Identifying such gems involves looking beyond short-term market noise to focus on strong financial health and promising business models, as... BW Offshore: Dividend information Dividend information Reference is made to the Q3 2024 Presentation released 15 November 2024. BW Offshore Limited (“BW Offshore”) provides the following key information relating to its cash dividend for Q3 2024. Cash dividend:Cash dividend amount: USD 0.0625 per share Declared currency: USD Timeline:Date of approval: 14 November 2024 Last day inclusive: 18 November 2024 Ex-date: 19 November 2024 Record date: 20 November 2024 Dividend payment date on or about 27 November 2024 This information is BW Offshore: Third quarter results 2024 Third quarter results 2024 HIGHLIGHTS EBITDA USD 83 millionNet profit USD 13 millionOperating cashflow USD 86 millionEquity ratio 29.6% and USD 707 million in available liquidityQ3 cash dividend USD 0.0625 per share equivalent to USD 11 millionBarossa FPSO 90% completed, additional costs to close variation orders and maintain scheduleFull year 2024 EBITDA expectation increased to USD 315 - 320 million BW Offshore continues to progress the Barossa project according to schedule. As of end October BW Offshore: Invitation to Q3 2024 Presentation 15 November Invitation to Q3 2024 Presentation 15 November BW Offshore will release its Q3 2024 results on Friday 15 November at 07:30 CET. A conference call followed by Q&A will be hosted by CEO Marco Beenen and CFO Ståle Andreassen the same day at 14:00 CET. Conference call information: You can follow the presentation via webcast with supporting slides and a Q&A module, available on: BW Offshore Limited – Q3 Presentation Webcast Please note that if you follow the webcast via the above URL, you will experi BW OFFSHORE: USD 297,400,000 Senior Unsecured Convertible Bonds due 2024 USD 297,400,000 Senior Unsecured Convertible Bonds due 2024 Notice to Bondholders BW Offshore Limited USD 297,400,000 Senior Unsecured Convertible Bonds due 2024 (the Bonds”)(ISIN: NO0010867948) Capitalised terms not otherwise defined herein shall have the meanings given to them in the terms and conditions of the Bonds (the “Bond Terms”). In accordance with the Bond Terms, BW Offshore Limited as the Issuer hereby gives notice to Bondholders that, as a result of the Dividend of USD 0.0625 payable BW Offshore: Second Quarter and First Half Results 2024 Second Quarter and First Half Results 2024 HIGHLIGHTS EBITDA USD 77 million in Q2 and USD 163 million for the first half-yearNet profit USD 29 million in Q2 and USD 66 million for the first half-yearOperating cashflow USD 107 million in Q2 and USD 198 million for the first half-yearEquity ratio 30.4% and USD 728 million in available liquidityQ2 cash dividend USD 0.0625 per share equivalent to USD 11 millionBarossa FPSO project 86% complete at end-July 2024Completion of FEED work on the Sakarya p BW Offshore: Invitation to Q2 2024 Presentation 30 August Invitation to Q2 2024 Presentation 30 August BW Offshore will release its Q2 2024 results on Friday 30 August at 07:30 CEST. A conference call followed by Q&A will be hosted by CEO Marco Beenen and CFO Ståle Andreassen the same day at 09:00 CEST. Conference call information: You can follow the presentation via webcast with supporting slides and a Q&A module, available on: BW Offshore Limited – Q2 Presentation Webcast Please note that if you follow the webcast via the above URL, you will experien BW Offshore: First quarter results 2024 First quarter results 2024 HIGHLIGHTS Q1 EBITDA USD 86 million and operating cashflow of USD 91 millionEquity ratio 31.1% and USD 682 million in available liquidityQ1 cash dividend USD 0.06 per share equivalent to USD 11 millionFull-year 2024 EBITDA outlook maintainedBarossa FPSO project 82% complete at end-April 2024Completed sale of the FPSO Polvo to BW Energy in early MayRepurchased USD 36 million of Senior Unsecured Convertible bond BW Offshore continues to progress the Barossa FPSO project, BW Offshore: Annual General Meeting 2024 - Minutes Annual General Meeting 2024 - Minutes The Annual General Meeting 2024 of BW Offshore Limited was held today. Please see the attached document for the minutes of the meeting. With reference to the AGM 2024 minutes, BW Offshore announced changes to its Board of Directors. Mr. Carl Krogh Arnet will be stepping down from his position as Director, and we welcome Mr. Kees van Seventer as a new board member. Kees van Seventer Kees van Seventer has more than 25 years’ experience in the infrastructure, n BW Offshore: Invitation to Q1 2024 Presentation 24 May Invitation to Q1 2024 Presentation 24 May BW Offshore will release its Q1 2024 results on Friday 24 May at 07:30 CEST. A conference call followed by Q&A will be hosted by CEO Marco Beenen and CFO Ståle Andreassen the same day at 09:00 CEST. Conference call information: You can follow the presentation via webcast with supporting slides and a Q&A module, available on: BW Offshore Limited – Q1 Presentation Webcast Please note that if you follow the webcast via the above URL, you will experience a 3 BW Offshore: Closing of the sale of the FPSO Polvo to BW Energy Closing of the sale of the FPSO Polvo to BW Energy Reference is made to the announcement on 22 April 2022, whereby BW Offshore Limited (“BW Offshore”) announced the agreement to divest the FPSO Polvo to BW Energy Limited for USD 50 million. BW Energy has paid USD 30 million upon the vessel transfer date, with the remaining USD 20 million provided as a seller’s credit by BW Offshore. BW Offshore has received the remaining USD 20 million plus interest. The final instalment concludes the transactio BW Offshore: 2024 Annual General Meeting – Notice 2024 Annual General Meeting – Notice Notice is hereby given that the 2024 Annual General Meeting of BW Offshore Limited will be held at 18 Rebecca Road, Southampton, SN04, Bermuda, on 23 May 2024 at 2:30 p.m. (Bermuda time). Please see the attached documents in relation to the Annual General Meeting: Notice of the 2024 AGMForm of ProxyChairman’s LetterRecommendation from the Nomination Committee For further information, please contact:Ståle Andreassen, CFO, +47 91 71 86 55 IR@bwoffshore.com or w BW Offshore: Recycling FPSO Petróleo Nautipa in compliance with Hong Kong Convention Recycling FPSO Petróleo Nautipa in compliance with Hong Kong Convention BW Offshore has signed an agreement to recycle FPSO Petróleo Nautipa in compliance with the Hong Kong International Convention at Baijnath Melaram ship recycling facility (the “Facility”) in India. The Facility is certified to ISO standards and has been issued with a Statement of Compliance by the ship classification society Class NK in accordance with IMO Resolution MEPC.210(63) and the Hong Kong International Convention fo BW Offshore: Notification of trade Notification of trade With reference to stock exchange releases dated 8 April 2019 and 30 March 2023. In relation to BW Offshore’s (the "Company") Long-Term Incentive Programme (LTIP) adopted in 2019, the Company's exposure relating to the 2019 award was hedged by a Total Return Swap (“TRS”) agreement with financial exposure to 1 732 000 shares in BW Offshore. The Company has today settled the TRS agreement underlying 1 732 000 shares in BW Offshore expiring 5 April 2024. The Company has subsequ BW Offshore: Partial repurchase of Senior Unsecured Convertible Bonds due 2024 Partial repurchase of Senior Unsecured Convertible Bonds due 2024 BW Offshore Limited has today repurchased bonds with an aggregate principal amount of USD 7,200,000 at 98.0 in its USD 297,400,000 Senior Unsecured Convertible Bonds due 2024 (ISIN: NO0010867948) for cancellation. Following the cancellation, the principal amount outstanding under the bond loan will be USD 156,800,000. For further information, please contact:Ståle Andreassen, CFO, +47 91 71 86 55IR@bwoffshore.com or www.bwoffshore. BW Offshore: New Long-Term Incentive Programme 2024 New Long-Term Incentive Programme 2024 The Board of Directors of BW Offshore Limited ("BWO" or the "Company") has approved a New Long-Term Incentive Programme (LTIP). The programme is a combination of Share Options and Restricted Share Unit (RSUs), aimed to align the interests of the participating employees with those of the Company's shareholders. The programme is discretionary, and participants are invited on an annual basis. The total number of options awarded under the LTIP for 2024 is 800,0 USD 297,400,000 Senior Unsecured Convertible Bonds due 2024 BW OFFSHORE: USD 297,400,000 Senior Unsecured Convertible Bonds due 2024 Notice to Bondholders BW Offshore Limited USD 297,400,000 Senior Unsecured Convertible Bonds due 2024 (the Bonds”)(ISIN: NO0010867948) Capitalised terms not otherwise defined herein shall have the meanings given to them in the terms and conditions of the Bonds (the “Bond Terms”). In accordance with the Bond Terms, BW Offshore Limited as the Issuer hereby gives notice to Bondholders that, as a result of the Dividend of USD 0 BW Offshore: Fourth quarter and full year results 2023 Fourth quarter and full year results 2023 HIGHLIGHTS Q4 EBITDA USD 91.1 million and operating cashflow of USD 230.0 million2023 EBITDA 305.5 million and operating cashflow of USD 558.6 millionEquity ratio 30.2% and USD 605.7 million in available liquidity at end-2023Q4 cash dividend USD 0.088 per share equivalent to USD 15.9 millionTotal dividend based on 2023 results of USD 48.6 million as a combination of cash and BW Energy shares in-kind to shareholdersBarossa FPSO project 80% complete at end BW Offshore: Invitation to Q4 2023 Presentation 29 February Invitation to Q4 2023 Presentation 29 February BW Offshore will release its Q4 2023 results on Thursday 29 February at 07:30 CET. A conference call followed by Q&A will be hosted by CEO Marco Beenen and CFO Ståle Andreassen the same day at 09:00 CET. Conference call information: You can follow the presentation via webcast with supporting slides and a Q&A module, available on: BW Offshore Limited – Q4 Presentation Webcast Please note that if you follow the webcast via the above URL, you will expe BW Offshore: Prospectus approved for listing of bond issue Prospectus approved for listing of bond issue Reference is made to the stock exchange notice of 22 November 2023 regarding the issuance of NOK 1,000 million senior unsecured bonds with maturity on 29 November 2028 (the “Bonds”). The Bonds are issued with ISIN NO0013077560. The Financial Supervisory Authority of Norway has on 26 January 2024 approved the prospectus (the “Prospectus”) prepared by BW Offshore Limited in connection with the listing on the Oslo Stock Exchange of the Bonds. The admiss