Reporting of transactions made by persons discharging managerial responsibilities and persons closely associated with them in American Shipping Company ASA

Reference is made to the stock exchange announcement made by American Shipping
Company ASA ("AMSC") on 3 September 2021 regarding the acquisition of shares in
AMSC made by Vilja AS, a company controlled by Peter D. Knudsen, board member in
AMSC.  Please see the attached notification for persons discharging managerial
responsibilities in AMSC in accordance with Regulation EU 596/2014 (MAR) article
19.

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