This page provides Regulatory news filings submitted by issuers listed on the BSX. Please note the BSX is not responsible for the content, accuracy or completeness of announcements filed by issuers and disclaims all liability for any loss arising from reliance on information contained within issuer announcements.

Polaris Holding Company Ltd. – Dividend Deferral

23 September 2020

 

Hamilton, Bermuda -23 September 2020 –: In a filing with the Bermuda Stock Exchange (“BSX”), Polaris Holding Company Limited (the “Company”; Ticker: POLAR.BH) announced the deferral of their dividend payment.  The filing stated.

 

 

 

 

 

POLARIS HOLDING COMPANY LTD.

 

 

 

Please note that, today, the Directors of Polaris Holding Company Ltd., unanimously resolved to defer payment of a proposed dividend to the shareholders of record as at 25 September 2020, payable on 30 September 2020.

 

 

 

With second quarter outcomes even lower than projections, particularly in Stevedoring Services Limited, the Board agreed to continue to defer the dividend and continue its ongoing evaluation of the impact of COVID-19 during this fiscal year.

 

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