Bermuda, 7 December 2022 - Shares in Avance Gas Holding Ltd. will be traded ex-dividend USD 0.20 as of today. For further information, please contact: Randi Navdal Bekkelund CFO Tel: +47 22 11 40 00 This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
Key information relating to the dividend to be paid by Avance Gas Holding Ltd. for the third quarter 2022: Dividend amount: $0.20 Declared currency: USD Last day including right: 6 December, 2022 Ex-date: 7 December, 2022 Record date: 8 December, 2022 Payment date: 15 December, 2022 Date of approval: 23 November, 2022 This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
BERMUDA, November 24 2022 – Avance Gas Holding Ltd (OSE: AGAS) (“Avance Gas” or the “Company”) today reports unaudited results for the third quarter 2022. HIGHLIGHTS The average time charter equivalent (TCE) rate on load to discharge basis was $32,954/day compared to $36,212/day for the second quarter 2022. This was ahead of guidance of around $32,000/day.Daily operating expenses (OPEX) were $8,200/day, in line with the second quarter of 2022.Net profit of $11.6 million compared to $18.4 million