ADS Maritime Holding Plc acquires stakes in two MR tankers

The MR Product Tanker “UOG Sparta” was successfully delivered to its new owners in Durban, South Africa, at 14:08 (CET) 26thOctober. Furthermore, the  MR Product Tanker “UOG Oslo” (previously named “Swift Omaha”) was successfully delivered to its new owners in Los...

Last day of application period in the Subsequent Offering

Reference is made to the stock exchange announcement published by ADS Maritime Holding Plc (the “Company”) on 3 October 2022 regarding the subsequent offering (the “Subsequent Offering”) of up to 34,190,476 existing ordinary shares in the Company held by B T Larsen & Co Ltd. (the “Offer Shares”) at a price of NOK 2.10 per Offer Share (the “Offer Price”).

ADS Maritime Holding Plc acquires stakes in two MR tankers

26 September, 2022 ADS Maritime Holding Plc (“ADSMH” or “the Company”) has acquired a 10 % stake in two MR tankers and will act as disponent owner with primary responsibility for following up the owning companies’ activities related to the vessels. The vessel...

ADS Maritime Holding Plc: Update on sale-leaseback transaction

ADS Maritime Holding Plc (the “Company”) has informed the market that it has subscribed for a 20 % stake in three LR 2/Aframax tankers in a sale-leaseback deal, which was expected to be concluded shortly (the “Transaction”). The Company has...

ADS Maritime Holding Plc: Contemplated fully underwritten private placement

ADS Maritime Holding Plc has engaged Arctic Securities AS as Sole Manager to advise on and effect a fully underwritten private placement of new ordinary shares in the Company, raising gross proceeds of approx. NOK 100 million. The subscription price per New Share in the Private Placement will be NOK 2.10 per Offer Share.

ADS Maritime Holding Plc acquires stakes in modern shuttle tankers

ADS Maritime Holding Plc (“ADSMH” or “the Company”) has agreed to acquire a 5 % shareholding in AET Sea Shuttle AS and AET Sea Shuttle II AS, the owners of 4 modern shuttle tankers operating in the North Sea, mainly on long term charters to Equinor.