{"id":6537,"date":"2018-12-06T23:19:44","date_gmt":"2018-12-06T23:19:44","guid":{"rendered":"http:\/\/aqualisoffshore.com\/?p=6537"},"modified":"2018-12-06T23:19:44","modified_gmt":"2018-12-06T23:19:44","slug":"updated-corporate-governance-policy","status":"publish","type":"post","link":"https:\/\/abl-group.com\/abl\/all-media\/news\/investor-news\/2018\/updated-corporate-governance-policy\/","title":{"rendered":"Updated Corporate Governance Policy"},"content":{"rendered":"\n<p>Oslo, 6 December 2018 \u2013 The Board of Directors of Aqualis ASA (the \u201cCompany\u201d) has approved an update of section 7 in its\u2019 Corporate Governance Policy related to dividend policy.&nbsp;<\/p>\n\n\n\n<p>The revised dividend policy is: The Board shall aim to maintain an equity ratio in the Company satisfactory in light of the company&#8217;s goals, strategy and risk profile. The Board&#8217;s authorities to expand capital and to buy the Company\u2019s own shares are and will be given until the next ordinary General Meeting. It is an objective of the Company to generate high and stable returns, which is at least on the same level as other investment possibilities with comparable risk. This should be achieved, first and foremost, through strong and profitable growth within the Company\u2019s business areas.<\/p>\n\n\n\n<p>Aqualis&#8217; ambition is to pay a cash dividend that is following its long-term underlying cash flow. When deciding the dividend amount, the Aqualis Board of Directors will consider the group&#8217;s financial strength, cash flow, investment needs and growth opportunities and a level of financial flexibility that is appropriate for the Aqualis business model. Aqualis may pay a cash dividend and\/or buy back its own shares as part of its plan to distribute capital to its\u2019 shareholders.&nbsp;<\/p>\n\n\n\n<div class=\"wp-block-file\"><a href=\"http:\/\/aqualisbraemar.com\/wordpress\/wp-content\/uploads\/2018\/12\/Corporate-governance_6th-December-2018.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Corporate Governance &#8211; 6th December 2018<\/a><a href=\"http:\/\/aqualisbraemar.com\/wordpress\/wp-content\/uploads\/2018\/12\/Corporate-governance_6th-December-2018.pdf\" class=\"wp-block-file__button\" download>Download<\/a><\/div>\n\n\n\n<p class=\"news-footer\">For further information, please contact:\n<\/p>\n\n\n\n<h5 class=\"wp-block-heading\">Investors and financial media<\/h5>\n\n\n\n<p>\nKim Boman, CFO, Aqualis ASA\nTelephone: +47 959 63 912\nEmail: <a href=\"mailto:kim.boman@aqualis.no\">kim.boman@aqualis.no<\/a><\/p>\n\n\n\n<h5 class=\"wp-block-heading\">Other media enquiries<\/h5>\n\n\n\n<p>\nEndre Johansen, Corporate Communications AS\nTelephone: +47 41 61 06 05\nEmail: <a href=\"mailto:endre.johansen@corpcom.no\">endre.johansen@corpcom.no<\/a><\/p>\n\n\n\n<h5 class=\"wp-block-heading\">About Aqualis ASA<\/h5>\n\n\n\n<p>Aqualis ASA (OSE: Aqua) is a public company that, through its subsidiaries and associates, offers energy consultancy services to the offshore oil, gas and renewables sectors globally. The group employs experienced consultants across 18 offices in 14 countries worldwide. Aqualis ASA operates under two different brands: AqualisBraemar and Offshore Wind Consultants. AqualisBraemar is a specialised offshore marine and engineering consultancy firm, focusing on the shallow and deep-water offshore segments of the oil and gas industry. Offshore Wind Consultants is a globally focused consultancy providing independent services to the offshore renewables industry.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oslo, 6 December 2018 \u2013 The Board of Directors of Aqualis ASA (the \u201cCompany\u201d) has approved an update of section 7 in its\u2019 Corporate Governance Policy related to dividend policy.&nbsp; The revised dividend policy is: The Board shall aim to maintain an equity ratio in the Company satisfactory in light of the company&#8217;s goals, strategy [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[24],"tags":[],"sector":[],"service":[],"company":[],"class_list":["post-6537","post","type-post","status-publish","format-standard","hentry","category-24"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.6 (Yoast SEO v27.3) - 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