• news.cision.com/
  • Saga Pure ASA/
  • SAGA TANKERS ASA: CORRECTION OF INFORMATION REGARDING ØYSTEIN STRAY SPETALENS SHAREHOLDING IN SAGA TANKERS
English

SAGA TANKERS ASA: CORRECTION OF INFORMATION REGARDING ØYSTEIN STRAY SPETALENS SHAREHOLDING IN SAGA TANKERS

Report this content

Reference is made to the stock exchange notice released by Saga Tankers ASA ("Saga Tankers" or the "Company") dated 4 June 2015. The notice stated that Øystein Stray Spetalen's shareholding (directly and through associated companies) in Saga Tankers is approximately 86%, not 77% as disclosed earlier. The increase in Spetalen's shareholding was due to a share exchange agreement between AS Ferncliff (a company whose ultimate beneficial shareholder is Øystein Stray Spetalen) and the shareholders of Allum Holding AS not being entered into.

AS Ferncliff and the shareholders of Allum Holding AS has now entered into such share exchange agreement. The agreement will be consummated shortly.  Øystein Stray Spetalen's (directly and through associated companies) shareholding in Saga Tankers is therefore approximately 77%, as disclosed in the detailed stock exchange notice dated 4 March 2015.

* * *

For further information, please contact:
CEO Espen Lundaas
+47 92 43 14 17

 

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)

Subscribe