Notice is hereby given that the Annual General Meeting of the Members of the Company will be held on Wednesday 21st August, 2019 at 9.00 hours (local time), at the Registered Office of the Company in Limassol, Cyprus.
Reference is made to the stock exchange announcement published by ADS Crude Carriers Plc (“ADS Crude Carriers” or the “Company”) on 6 June 2019 regarding terms for a financing facility. The Company announces that all remaining requirements, including final documentation, have been successfully completed. Drawdown on the facility was done on 28 June 2019.
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 Q1 2019 earnings, previously announced on 29 May 2019. The shares will be traded ex-dividend of USD 0.04 (NOK 0.37) as from tomorrow.
ADS Crude Carriers Plc (“ADS Crude Carriers” or the “Company”) announces that it has agreed terms for a credit facility (the “Facility”), which provides financing of the forthcoming intermediate surveys for the Company’s fleet of three vessels. The intermediate surveys are all due to commence during the third quarter this year and are now fully financed. The Facility will replace the Company’s existing vessel loans. Further, the Facility allows for increased flexibility should the Company decide to expand its fleet.
ADS Crude Carriers Plc (“ADS Crude Carriers” or the “Company”) announces that Chairman of the Board, Bjørn Tore Larsen, will present later this evening at SMB 2019, arranged by Oslo Børs and Aksje Norge. A copy of the presentation is attached.
ADS Crude Carriers Plc (“ADS Crude Carriers” or the “Company”) announces the release of its first quarter 2019 report.