Stolt-Nielsen Limited Resolved The Cancellation Of Treasury Shares
06 Octubre 2021 - 5:31AM
UK Regulatory
TIDMSNI
LONDON, October 6, 2021 -- Stolt-Nielsen Limited (Oslo Børs:
SNI) (the "Company") today announced that the board of directors of
the Company has resolved that 5,610,000 common shares and 1,402,500
founder's shares, previously held by the Company as treasury
shares, shall be cancelled and thereafter be available for re-issue
(the "Treasury Share Cancellation").
Following the Treasury Share Cancellation, the Company holds
5,000,000 common shares, equal to 8.54% of the issued common
shares, and 1,250,000 founder's shares, equal to 8.54% of the
issued founder's shares, as treasury shares.
The Company's issued share capital after the Treasury Share
Cancellation amounts to USD 58,538,426.95, divided into 58,523,796
common shares, each with a par value of USD 1.00, and 14,630,949
founder's shares, each with a par value of USD 0.001, in total
73,154,745 shares.
Notwithstanding the Treasury Share Cancellation, the Company's
authorised share capital remains USD 81,250,000, divided into
65,000,000 common shares, each with a par value of USD 1.00, and
16,250,000 founder's shares, each with a par value of USD
0.001.
For additional information please contact:
Jens F. Grüner-Hegge
Chief Financial Officer
U.K. +44 (0) 20 7611 8985
mailto:j.gruner-hegge@stolt.com j.gruner-hegge@stolt.com
Ellie Davison
Head of Corporate Communications
UK +44 (0) 20 7611 8926
mailto:e.davison@stolt.com e.davison@stolt.com
About Stolt-Nielsen Limited
Stolt-Nielsen (SNL or the 'Company') is a long-term investor and
manager of businesses focused on opportunities in logistics,
distribution and aquaculture. The Stolt-Nielsen portfolio consists
of its three global bulk-liquid and chemicals logistics businesses
-- Stolt Tankers, Stolthaven Terminals and Stolt Tank Containers --
Stolt Sea Farm and investments in LNG. Stolt-Nielsen Limited is
listed on the Oslo Stock Exchange (Oslo Børs: SNI).
This information is subject to the disclosure requirements
pursuant to Section 5-12 the Norwegian Securities Trading Act
(END) Dow Jones Newswires
October 06, 2021 06:31 ET (10:31 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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