Reference is made to the stock exchange notice made by Gram Car Carriers ASA (the "Company") on 14 January 2022 (the "Notice") regarding the completion of a private placement of shares raising gross proceeds of approx. NOK 1.049 billion (the "Private Placement"), at a price per share of NOK 53 (the "Offer Price"). All terms used in this notice shall have the meaning ascribed to such terms in the Notice.
The following primary insiders/close associates of primary insiders have been allocated and subscribed for shares in the Private Placement at the Offer Price:
* Georg A. Whist, CEO, has subscribed for 65 415 shares;
* Gunnar Koløen, CFO, has subscribed for 18 745 shares;
* Børre Mathisen Iversen, COO, has subscribed for 18 745 shares;
* Harald Mathias Gram, Head of Projects, has through HMG AS subscribed for 18 745 shares;
* Ivar Hansson Myklebust, chair of the board, has through H&M Hinderaker & Myklebust AS subscribed for 28 301 shares;
* Alasdair Locke, board member, has through Glenrinnes Farms Limited subscribed for 245 306 shares;
* Christine Rødsæther, board member, has subscribed for 18 745 shares;
* Nils Kristoffer Gram, board member, has subscribed for 1 886 shares; and
* Ida All Gram, a close associate of Nils Kristoffer Gram, has subscribed for 1 886 shares.
See the enclosed forms for further details about the transactions.
In addition to the current primary insiders, F. Laeisz GmbH has subscribed for 8 135 358 shares. Nikolaus H. Schües, CEO in F. Laeisz GmbH, is expected to be elected as a new member of the board of directors in Gram Car Carriers ASA.
This information is subject to the disclosure requirements in Regulation EU 596/2014 (MAR) article 19 number 3 and section 5-12 of the Norwegian Securities Trading Act.
For more information, please contact:
CEO Georg A. Whist
E-mail: georg.whist@gramcar.com
CFO Gunnar S. Koløen
E-mail: gunnar.koloen@gramcar.com
About Gram Car Carriers:
GCC is the world’s third-largest tonnage provider within the Pure Car Truck Carriers (PCTCs) segment with 18 vessels (including the two vessels to be acquired from F. Laeisz), across the Distribution, Mid-size and Panamax segments. The Company serves as a trusted provider of high-quality vessels and logistics solutions ensuring safe, efficient and punctual shipment of vehicles for a network of clients comprising of major global and regional PCTC operators.