Disclosure of large shareholding
Through his wholly owned group subsidiaries Spencer
Trading Inc and Blystad Shipholding Inc ("the Blystad
Group Companies"), Arne Blystad owns 26,279,009
shares in Saga Tankers ASA. This represents 30,28% of
the total amount of shares outstanding in Saga
The Blystad Group Companies has today sold 26,279,009
shares in Saga Tankers ASA at a price of NOK 2.40 per
share. Following this transaction, the Blystad Group
Companies has sold all shares in Saga Tankers ASA.
This information is subject to the disclosure
requirements according to section 5-12 of the
Norwegian Securities Trading Act.