Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

NORWEGIAN AIR SHUTTLE ASA

(NAS)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Norwegian Air Shuttle : Dividend to creditors affected by the financial restructuring

06/11/2021 | 07:28am EDT

News - 11 June 2021 12:06

Dividend to creditors affected by the financial restructuring

Reference is made to the stock exchange announcements of 26 May 2021 regarding the exit from the Irish examinership (the 'Examinership') and Norwegian reconstruction (the 'Reconstruction') processes for the Company and certain of its related Irish companies and the implementation of the proposed schemes of arrangement related to the Examinership and a restructuring plan related to the Reconstruction (as further set out therein and together the 'Restructuring Proposal').

Pursuant to the Restructuring Proposal certain creditors of the Company are entitled to receive a dividend in respect of any valid claim towards Norwegian. Such dividend will consist of a cash element and a dividend claim element (together the 'Dividend') and be delivered in full and final satisfaction of such creditors' original claims.

The Company has implemented an online portal related to the Dividends where relevant creditors may log in to provide bank account details required for any payments in respect of the respective creditor's Dividend, obtain information about their Dividend and otherwise make certain elections with respect to their Dividend (such portal, the 'Dividend Portal').

All creditors entitled to a Dividend should receive an email with a 'Claim Reference Code' required to log in on the Dividend Portal. If you are a relevant creditor and have not received an email with this information within 23 June 2021, please click the below link and follow the instructions therein for requesting a 'Claim Reference Code'. Note that certain selections will need to be made in the Dividend Portal by no later than 22 July 2021. After such date certain selections will no longer be available.

The Dividend Platform can be accessed by clicking the following link: https://dividends.norwegian.com/

Subjects

Disclaimer

Norwegian Air Shuttle ASA published this content on 11 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 June 2021 11:27:05 UTC.


© Publicnow 2021
All news about NORWEGIAN AIR SHUTTLE ASA
07/19NORWEGIAN AIR SHUTTLE ASA : (NAS) - Conversion of Dividend Claims - Calculation ..
AQ
07/14EUROPEAN MIDDAY BRIEFING : More Consumer Price -2-
DJ
07/14Nordax Launches Final Bid of $2.24 Billion for Norwegian Finans Holding
DJ
07/06NORWEGIAN AIR SHUTTLE : Passenger Traffic Soars 102% On Eased Travel Restriction..
MT
07/06JUNE TRAFFIC RESULTS : Continued Positive Trend In Passenger Demand
PU
07/06NORWEGIAN AIR SHUTTLE ASA (NAS) : Traffic figures for June 2021
AQ
07/06Norwegian Air Shuttle ASA Announces Traffic Results for the Month Ended June ..
CI
06/29Norwegian Air Shuttle ASA Announces Executive Changes
CI
06/29NORWEGIAN AIR SHUTTLE : showed poor judgement in making bonus payments, minister..
RE
06/28NORWEGIAN AIR SHUTTLE : trials Amadeus document verification technology to creat..
PU
More news
Financials
Sales 2021 14 903 M 1 682 M 1 682 M
Net income 2021 -4 762 M -538 M -538 M
Net Debt 2021 59 783 M 6 748 M 6 748 M
P/E ratio 2021 -0,18x
Yield 2021 -
Capitalization 7 710 M 870 M 870 M
EV / Sales 2021 4,53x
EV / Sales 2022 2,89x
Nbr of Employees 6 365
Free-Float 78,8%
Chart NORWEGIAN AIR SHUTTLE ASA
Duration : Period :
Norwegian Air Shuttle ASA Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends NORWEGIAN AIR SHUTTLE ASA
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 4
Last Close Price 10,90 NOK
Average target price 21,50 NOK
Spread / Average Target 97,2%
EPS Revisions
Managers and Directors
Geir Magne Karlsen Chief Executive Officer
Svein Harald Øygard Chairman
Knut Olav Irgens Melhus Høeg Executive Vice President-Information Technology
Johan Gauermann Executive Vice President-Operations
Sondre Gravir Independent Director
Sector and Competitors