Geo Energy Announces Dividend Payout: A Potential Catalyst for Share Price Movement

Geo Energy Resources Limited, a company incorporated in the Republic of Singapore, has announced a significant update regarding its interim dividend payout. This announcement is crucial for shareholders and could potentially influence the company’s share values.

Key Points of the Announcement

• The company will close its Share Transfer Books and Register of Members at 5.00 p.m. on 17 December 2024. This closure is to determine shareholders’ entitlements to an Interim Tax Exempt One-Tier Dividend.
• The dividend is set at S\$0.002 per ordinary share for the financial year ending 31 December 2024.
• Shareholders need to ensure their Securities Accounts with The Central Depository (Pte) Limited are credited with the company’s ordinary shares by 5.00 p.m. on 17 December 2024 to be entitled to the dividend.
• The ex-dividend date is scheduled for 16 December 2024.
• The Interim Dividend payment will be made on 8 January 2025.

Important Information for Shareholders

Shareholders should note that this dividend announcement is price-sensitive and may affect the share values of Geo Energy Resources Limited. It is essential for shareholders to make necessary arrangements to ensure their eligibility for the dividend.

The announcement was made by Charles Antonny Melati, the Executive Chairman and Chief Executive Officer of Geo Energy Resources Limited, on 3 December 2024.

This update is vital for investors as dividend announcements can often lead to fluctuations in share prices, depending on market perception and investor sentiment.