NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, SOUTH AFRICA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE.
MPCC - Share capital registered
Reference is made to the announcement made on 7 February 2018 by MPC Container Ships ASA (the "Company") regarding the successful completion of the private placement of 11.75 million new shares (the "Private Placement"). The Board of Directors of the Company has approved the share capital increase relating to the issuance of the new shares in the Private Placement.
The share capital increase has now been registered with the Norwegian Register of Business Enterprises.
The Company's new share capital is NOK 770,030,000 divided into 77,003,000 shares, each with a nominal value of NOK 10.00.
DNB Markets, a part of DNB Bank ASA, and Fearnley Securities AS have acted as managers for the Private Placement.
The new shares issued under the Private Placement will be temporary listed on Merkur Market on 19 February 2018 under the ticker code "MPCB-ME" and ISIN number 0010816002. Upon approval of a listing prospectus by the Financial Supervisory Authority of Norway, the new shares will be admitted to trading on Oslo Axess and will convert to the regular ISIN number of the Company's existing shares.
For further information, please contact:ir@mpc-container.com
About MPC Container Ships ASA:
MPC Container Ships ASA (ticker code "MPCC") was formed in April 2017. Its main activity is to own and operate a portfolio of container ships with a focus on the feeder segment between 1,000 and 3,000 TEU. The Company is registered and has its business office in Oslo, Norway. For more information, please see our webpage: www.mpc-container.com.
This information is subject of the disclosure requirements under section 5-12 of the Norwegian Securities Trading Act, and pursuant to the Continuing obligations of companies admitted to trading on Oslo Axess issued by the Oslo Stock Exchange.