Klaveness Combination Carriers ASA

05/12/2022 | Press release | Distributed by Public on 05/12/2022 03:45

KCC: Disclosure of shareholding and transactions by closely associated parties of a primary insider

KCC: Disclosure of shareholding and transactions by closely associated parties of a primary insider

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12 May 2022 10:35 CEST

Company Name

KLAVENESS COMBINATION CARRIERS, Klaveness Combinat ASA 20/25 FRN FLOOR C

ISN

NO0010833262, NO0010874530

Market

Oslo Børs

Symbol

KCC

Oslo, 12 May 2022: EGD Shipholding AS has completed an internal sale of 8 805
128 shares in Klaveness Combination Carriers ASA ("KCC") to its 100% owned
subsidiary EGD Shipping Invest AS. Following the sale, EGD Shipping Invest AS
owns 8 805 128 shares in Klaveness Combination Carriers ASA, corresponding to
16.81% of total shares outstanding.

Following the sale EGD Shipholding AS does not hold any shares in Klaveness
Combination Carriers ASA directly but will continue to hold 55 691 warrants,
each with a right to subscribe for one share in Klaveness Combination Carriers
ASA, corresponding to 0.11% of the current total number of shares outstanding in
Klaveness Combination Carriers ASA and not taking into account the dilutive
effect of the warrants.

The consolidated ownership of shares and warrants of EGD Shipholding AS and EGD
Shipping Invest AS after the sale is consequently 8 805 128 shares and 55 691
warrants, which is equal to the previous ownership of EGD Shipholding AS, and
which corresponds to 16.92% of the current total number of shares outstanding in
Klaveness Combination Carriers ASA and not taking into account the dilutive
effect of the warrants.

In connection with the sale, all 8 805 128 shares have been pledged by EGD
Shipping Invest AS in favour of DNB Bank ASA.

EGD Shipping Invest AS and EGD Shipholding AS are classified as closely
associated parties to a primary insider of KCC and further information on the
sale is provided in the attached forms.

This announcement is made in accordance with Sections 5-12 and 4-2 of the
Norwegian Securities Trading Act and Article 19 of the European Market Abuse
Regulation.

More information:
Access the news on Oslo Bors NewsWeb site

561989_KCC - PDMR attachment EGD Shipping Invest AS.pdf
561989_KCC - PDMR attachment EGD Shipping Invest AS Pledge.pdf
561989_KCC - PDMR attachment EGD Shipholding AS.pdf

Source

Klaveness Combination Carriers ASA

Provider

Oslo Børs Newspoint