MPC Container Ships ASA announces allocation of shares to primary insiders
Oslo, 10 July 2020 – Reference is made to the stock exchange announcement made by MPC Container Ships ASA ("MPCC" or the "Company") on 10 July 2020 regarding the successful completion of a private placement with gross proceeds of NOK 260,000,000 by issuance of 260,000,000 new shares at a subscription price of NOK 1.00 per share (the "Private Placement"). The Private Placement was fully underwritten by existing shareholders and primary insiders in the Company: STAR Spike Ltd. (a fund managed by STAR Capital Partnership LLP) ("STAR"), CSI Beteiligungsgesellschaft mbH and associated parties