Hunter Group ASA – Enters into definitive VLCC contract transfer agreements with Apollo Asset Ltd.
Oslo, 26 April 2018 General Reference is made to previous announcements concerning the non-binding indicative offer from Apollo Asset Ltd. (“Apollo”), upon which Apollo, a company controlled by board member Arne Fredly, indicated its willingness to transfer four (4) VLCC shipbuilding contracts and options for up to three (3) more VLCC shipbuilding contracts to Hunter Group ASA, as first announced on 10 April 2018 at 08:53 (the “OSE Notice”). The board of directors of the Company has today signed a definitive back-to-back contract transfer agreement (the “Contract Transfer