Permianville Royalty Trust declares $0.07725 special distribution from Permian divestiture proceeds

Permianville Royalty Trust

Special cash distribution of $0.077250 per unit payable Nov 22, 2023 to holders of record Nov 16, 2023.
Distribution represents remaining 50% of Trust's share of net proceeds from sale of Permian Basin properties.
Total net proceeds allocable to Trust's 80% interest: $5.1M; initial distribution of $2.3M paid Oct 13, 2023.
Escrow of $250,000 retained for indemnification; any remainder released to Trust within 12 months for further distribution.
Divestiture approved by unitholders on July 19, 2023; Sponsor COERT Holdings 1 sold the properties.

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