Notice of 2021 Annual General Meeting

Notice is hereby given that the Annual General Meeting of ADS Maritime Holding Plc will be held at 16.00 (local time) on Thursday 27th May 2021 at the Registered Office of the Company in Limassol, Cyprus. The Notice of the AGM, including Shareholder Proxy, is...

ADS Maritime Holding Plc Annual Report 2020

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.

Change to the board of directors

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.

Mandatory notification of trade

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.

Key information regarding the capital payment

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.

Capital payment to shareholders of ADS Maritime Holding Plc

Following shareholders’ approval on 10 December 2020, the District Court of Limassol, Cyprus has today approved the USD 51 million reduction of the share premium account. The share premium reduction equates to a capital return of USD 2.18 per share. The last day of...

Financial calendar

Financial calendar for ADS maritime Holding Plc: FINANCIAL YEAR 2020 26.02.2021 – Quarterly Report – Q4 24.03.2021 – Annual Report FINANCIAL YEAR 2021 31.08.2021 – Half-yearly Report 27.05.2021 – Annual General Meeting 28.05.2021 –...

Registration of company name change

With reference to the announcement on 10 December regarding passing of a shareholder resolution to change the Company’s name, the Cyprus registrar of companies has now registered the change of name from ADS Crude Carriers Plc to ADS Maritime Holding Plc. Contacts...

Extraordinary General Meeting of ADS Crude Carriers Plc

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.