Stainless Tankers – Admission to trading on Euronext Growth Oslo and publication of information document
Following Stainless Tankers ASA’s (“STST” or the “Company”) recent successful private placement of 13,400,000 new shares, the Company is very pleased to announce that on 26 April 2023 the Oslo Børs approved the Company’s application for admission to trading of all of its 13,500,000 shares on Euronext Growth Oslo (the “Admission”).
The first day of trading in the Company's shares will be tomorrow, 28 April 2023, under the ticker "STST" and the Company has prepared and published an information document solely for use in connection with the Admission.
Fearnley Securities AS acted as Euronext Growth Advisor and Advokatfirmaet Simonsen Vogt Wiig AS acted as legal counsel to the Company in connection with the Admission.
Alex Karakassis, Stainless Tankers CEO, said, “We are very pleased to deliver on the promise to our shareholders of listing the Company’s shares on the Euronext Growth Oslo exchange, which we anticipate will provide for a more liquid market for our shares.”
For more information, please contact:
Alex Karakassis, CEO
E-mail: alex.karakassis@tufton.com
Erol Sarikaya, CFO
E-mail: erol.sarikaya@tufton.com
About Stainless Tankers ASA | www.stainlesstankers.com
Stainless Tankers ASA is a shipping company specialized in providing seaborne transportation of chemical cargoes worldwide. The Company provides investors with pure-play stainless steel chemical tanker exposure in an investor friendly structure through its fleet of seven stainless steel vessels, each with an approximate total carrying capacity of 20,000dwt. The fleet is managed by Tufton, with a primary focus on maximizing earnings and distributing excess operating cashflows to shareholders.
About Tufton
Tufton is a leading investment manager focused on the shipping industry, with c.$1.0 bn of assets under management across a number of funds, including London-listed Tufton Oceanic Assets Limited (SHIP.LN).
Copyright © 2023 Stainless Tankers ASA - All Rights Reserved.