Western Bulk Chartering AS - Offer to Acquire Own Shares
2026-05-20 11:01:18
Western Bulk Chartering AS ("Western Bulk" or the "Company") hereby invites
shareholders to tender shares for sale to the Company at a fixed price of NOK 20
per share. The purpose of the acquisition is to use the shares in connection
with the Company's employee share scheme.
The offer is made pursuant to the authorisation granted to the Board of
Directors at the Annual General Meeting held on 10 April 2026, under which the
Board was authorised to acquire own shares with an aggregate nominal value of up
to NOK 168,098 at a price per share of between NOK 1 and NOK 200.
Shareholders wishing to tender shares are requested to indicate their interest,
including the number of shares they wish to sell, no later than 17:00 CET on 22
May 2026. Indications of interest should be submitted to the Company by
contacting the CFO, Kenneth Thu at [email protected].
The Company reserves the right to accept or reject, in whole or in part, any
indication of interest received.
For further information, please contact:
Kenneth Thu, Chief Financial Officer
Tel: +47 988 74302
E-mail: [email protected]
About Western Bulk Chartering
Western Bulk is a global dry bulk operator and derivatives trader registered on
Euronext Growth in Oslo. Propelled by an entrepreneurial spirit, we combine
in-depth maritime knowledge with trading expertise. Through combining advanced
risk management, extensive use of market data, analytics to optimize fleet
deployment and vessel-cargo matching, we offer tailor-made solutions serving our
customers' needs. See westernbulk.com for more information.
Disclaimers
This press release contains forward-looking statements. Forward-looking
statements are statements that are not historical facts and may be identified by
words such as "believe," "expect," "anticipate," "intends," "estimate," "will,"
"may," "continue," "should" and similar expressions. The forward-looking
statements in this release are based upon various assumptions, many of which are
based, in turn, upon further assumptions. Although Western Bulk Chartering
believes that these assumptions were reasonable when made, these assumptions are
inherently subject to significant known and unknown risks, uncertainties,
contingencies and other important factors which are difficult or impossible to
predict and are beyond its control. Such risks, uncertainties, contingencies and
other important factors could cause actual events to differ materially from the
expectations expressed or implied in this release by such forward-looking
statements.
The information, opinions and forward-looking statements contained in this
release speak only as at its date and are subject to change without notice.
Western Bulk Chartering disclaims any obligation to update and revise any
forward-looking statements, whether as a result of new information, future
events or otherwise.
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