The Company shall aim at making the Shares in the Company an attractive investment object. The Company shall provide its shareholders with a competitive return on investment over time, in terms of dividend and development in the share price. The Company’s target is that the underlying values shall be reflected in the share price.
The Company shall be managed based on principles that seek to ensure openness, integrity and equal treatment of shareholders. The Company shall seek to clarify its long-term potential, including its strategy, value drivers and risk factors.
The Company shall maintain an open and proactive investor relations policy, a best-practice website and shall give presentations regularly in Oslo and Stavanger in connection with interim results.
The Company shall provide shareholders, Oslo Børs and the market as a whole with timely and accurate information at all times. Such information will take the form of annual reports, quarterly interim reports, press releases, stock exchange notifications and investor presentations, as applicable.
Long-term, the Company shall aim at paying a dividend to its shareholders on a regular basis. Near-term, the Company’s focus will be on completing the construction of the plattfoms and on growth in the Company’s share price based on the market’s valuation of existing and future earnings. In the last three years, there has been no payout.
Investor Relations Policy
In order to treat all its shareholders equally, an important aim for Sevan Marine is to ensure at all times that the stock market is in possession of correct and complete information about the company’s operations and condition, and thereby to contribute to the most accurate pricing of its shares.
Approaches taken to meet this aim include prompt and comprehensive reporting of the company’s interim results and the distribution of annual and quarterly reports. In addition, information of significance for assessing the company’s underlying value and prospects is reported to the Oslo Stock Exchange and made available on the company’s internet site.
Presentations are given in connection with the publication of the quarterly results and throughout the year, both nationally and internationally, to inform existing and potential investors about the company.