The Board of Directors of ADS Maritime Holding Plc (“ADS” or the “Company”) has approved the 2020 audited Annual Report. There were no changes to the consolidated annual financial statements compared to those presented in the Company’s unaudited fourth quarter and preliminary full year 2020 interim report published on 26 February 2021.
ADS Maritime Holding Plc (the “Company”) announces that, following yesterday’s purchase by ADS Shipping Ltd of all of the shares in the Company previously owned by SFL Corporation Ltd (“SFL”), SFL’s representative on the Company’s board of directors, Trym Sjølie, has today left the Company’s board of directors.
ADS Shipping Ltd, a company controlled by Mr. Bjørn Tore Larsen, Chairman and member of the Board of Directors of ADS Maritime Holding Plc (the “Company”), has today acquired all 4,031,800 shares from SFL Corporation Ltd in the Company at an average purchase price of NOK 1.72 per share.
ADS Maritime Holding Plc (“ADS Maritime Holding” or the “Company”) announces the release of its fourth quarter and preliminary full year 2020 report.
Today is the last day of trading for which shares in ADS Maritime Holding Plc include the right to receive the previously announced capital payment by way of a USD 51 million reduction of the share premium account. The shares will be traded ex-dividend of the NOK equivalent of USD 2.18 per share (NOK 18.48 per share) as from Monday 22 February.
An Extraordinary General Meeting (EGM) of ADS Crude Carriers Plc (the “Company”) was held today at the Company’s office at OSM House, Limassol, Cyprus. The EGM resolved to approve all matters proposed in the EGM Notice dated 18 November 2020.