Today is the last day of trading for which shares in ADS Crude Carriers Plc include the right to receive the forthcoming dividend in relation to Q3 2020 earnings, previously announced on 18 November 2020. The shares will be traded ex-dividend of the NOK equivalent of USD 0.17 per share (NOK 1.54 per share) as from Monday 23 November.
Notice is hereby given of an Extraordinary General Meeting of the shareholders of ADS Crude Carriers Plc (the “Company”) to be held 10.00 (local time) on Thursday 10 December 2020 at the Registered Office of the Company in Limassol, Cyprus.
A letter to shareholders from the Chairman, Nov 18 2020.
ADS Crude Carriers Plc (“ADS Crude Carriers” or the “Company”) announces the release of its third quarter 2020 report.
ADS Crude Carriers Plc has today delivered the vessel ADS Page to her new owners following the sale which was previously announced on 22 October.
ADS Crude Carriers Plc (“ADSCC” or the “Company”) has today delivered the vessel ADS Serenade to her new owners following the sale which was previously announced on 13 October. Subsequently, the Company’s debt is reduced by USD 9.9 million.
ADS Crude Carriers Plc (the “Company”) has entered into a memorandum of agreement to sell the vessel ADS Page for a price of USD 25.5 million. The vessel is expected to be delivered to the new owners during November.
ADS Shipping Ltd, a company controlled by Mr. Bjørn Tore Larsen, Chairman and member of the Board of Directors of ADS Crude Carriers Plc (the “Company”), has today acquired 100,000 shares in the Company at an average purchase price of NOK 18.79 per share. Following the acquisition, ADS Shipping Ltd and affiliated companies own 2,574,934 shares in the Company.
ADS Crude Carriers Plc has entered into a memorandum of agreement to sell the vessel ADS Serenade for a price of USD 25.5 million. The vessel is expected to be delivered to the new owners before the end of October.
ADS Crude Carriers Plc (“ADSCC” or the “Company”) has today delivered the vessel ADS Stratus to her new owners following the sale which was previously announced on 9 September. Subsequently, the Company’s debt will be reduced by USD 9.9 million and as a result there will be no further amortization on the remaining vessel loans until maturity.