Avance Gas Holding Ltd: Final extraordinary distribution of USD 0.74 per share

Core Points - The company announced a final extraordinary distribution of $0.74 per share, totaling $56.7 million, following the receipt of $34.2 million from Exmar related to the sale of four Mid-Sized Gas Carriers [1] - The extraordinary distribution consists of a return of capital of $0.16 per share and a dividend of $0.58 per share [1] - Avance Gas has completed the sale of all its assets and is returning capital to shareholders, with the current distribution marking the final payment [2] - The company is not planning new investments and is proceeding with a winding-up process, which includes a Special General Meeting to appoint a liquidator and resolve the delisting of Avance Gas [2] - The last trading date of the shares is expected to be determined by the Oslo Stock Exchange, anticipated to occur in June 2025 [2] - The company will publish its First Quarter 2025 Report on April 25, 2025, with no accompanying presentation or webcast due to limited activity [3]