Stolt-Nielsen S.A. Recommends No Final Dividend for 2009
(Thomson Reuters ONE) -
LONDON, February 19, 2010 - Stolt-Nielsen S.A. (Oslo Børs: SNI) announced today
that the Company's Board of Directors decided not to recommend a final dividend
payment for 2009. The recommendation by the Board reflected the Company's
emphasis on conserving cash, pending evidence of a sustained recovery in its key
markets. The total dividend for 2009 will therefore be $0.50 per Common Share,
which was paid on December 9, 2009.
Contacts:
Jan Chr. Engelhardtsen
Chief Financial Officer
UK +44 (0) 20 7611 8972
j.engelhardtsen(at)stolt.com
Jens F. Grüner-Hegge
V.P. Corporate Finance
UK +44 (0) 20 7611 8985
j.gruner-hegge(at)stolt.com
About Stolt-Nielsen S.A.
Stolt-Nielsen S.A. (SNSA or the "Company") is one of the world's leading
providers of transportation services for bulk liquid chemicals, edible oils,
acids, and other specialty liquids. The Company, through the parcel tanker, tank
container, terminal, rail and barge services of its wholly owned subsidiary
Stolt Tankers & Terminals and Stolt Tank Containers, provides integrated
transportation solutions for its customers. Stolt Sea Farm, wholly owned by the
Company, produces and markets high quality turbot, sole, sturgeon, and caviar.
Stolt-Nielsen is currently listed on the Oslo Stock Exchange.
Forward-Looking Statements
This press release contains "forward-looking statements" based on information
available to the Company on the date hereof, and the Company assumes no
obligation to update any such forward-looking statement. These statements may be
identified by the use of words like "anticipate," "believe," "estimate,"
"expect," "intend," "may," "plan," "project," "will," "should," "seek," and
similar expressions. The forward-looking statements reflect the Company's
current views and assumptions and are subject to risks and uncertainties. The
Company does not represent or warrant that the Company's actual future results,
performance or achievements will be as discussed in the those statements, and
assumes no obligation to, and does not intend to, update any of those
forward-looking statements other than as may be required by applicable law.
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
[HUG#1386263]
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Datum: 19.02.2010 - 02:06 Uhr
Sprache: Deutsch
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