Oslo, 31 March 2025: Klaveness Combination Carriers ASA (“KCC” or “the Company”) advises that E Dahm Invest AS, a company closely associated with Engebret Dahm, CEO of KCC, has entered into an agreement to acquire 12,500 shares in KCC, while CFO and Deputy CEO, Liv Dyrnes, has entered into an agreement to acquire 6,500 shares in KCC. The shares are sold by KCC as part of the Company's long term incentive program. The shares are acquired at a price of NOK 50.70 per share, subject to lock-up provisions set out in the incentive program.
In connection with the share purchases, and in accordance with the terms of the long-term incentive program, Engebret Dahm is awarded 43,750 share options in KCC and Liv Dyrnes is awarded 22,750 share options. The share options each give the right to subscribe for or purchase one share in the Company and have a strike price of NOK 63.40 per share, subject to vesting provisions set out in the incentive program.
In connection with this acquisition of shares, E Dahm Invest AS has entered into an agreement to pledge 12,500 shares in KCC as security for the loan from the Company, subject to approval from the Annual General Meeting 23 April 2025.
Settlement and transfer of the shares will be completed on or about 24 April 2025.
Further information on the transactions is provided in the attached forms of notification.
For additional information, please contact:
Engebret Dahm, Chief Executive Officer
Email: eda@klaveness.com
Phone: +47 957 46 851
Liv Dyrnes, CFO and Deputy CEO
Email: lhd@klaveness.com
Phone: +47 976 60 561
About Klaveness Combination Carriers ASA:
KCC is the world leader in combination carriers, owning and operating eight CABU and eight CLEANBU combination carriers with three CABU vessels under construction for delivery in 2026. KCC’s combination carriers are built for transportation of both wet and dry bulk cargoes, being operated in trades where the vessels efficiently combine dry and wet cargoes with minimum ballast. Through their high utilization and efficiency, the vessels emit up to 40% less CO2 per transported ton compared to standard tanker and dry bulk vessels in current and targeted combination trading patterns.