MPC Container Ships – Share capital registered

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, SOUTH AFRICA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE.

 

Oslo, 16 March 2020 - Reference is made to the announcement on 14 February 2020 by MPC Container Ships ASA (the "Company") regarding the successful completion of the private placement of 7,250,000 new shares raising gross proceeds of NOK 125 million (the "Private Placement") and the subsequent announcement made on 9 March 2020 regarding the approval of the Private Placement by the Company’s extraordinary general meeting.

 

The share capital increase pertaining to the new shares has now been registered with the Norwegian Register of Business Enterprises. The Company's new share capital is NOK 915,030,000 divided into 91,503,000 shares, each with a nominal value of NOK 10.00.

 

Fearnley Securities AS have acted as manager and bookrunner in the Private Placement.

 

Further information and contact:

ir@mpc-container.com

 

About MPC Container Ships ASA:

MPC Container Ships ASA (ticker code "MPCC") was formed in April 2017. Its main activity is to own and operate a portfolio of container ships with a focus on the feeder segment between 1,000 and 3,000 TEU. The Company is registered and has its business office in Oslo, Norway. For more information, please see our webpage: www.mpc-container.com.

 

This information is subject of the disclosure requirements under section 5-12 of the Norwegian Securities Trading Act.

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