MPCC - Primary Insider Trade

With reference to Section 4-2 of the Norwegian Securities Trading Act ("STA"), kindly note the following primary insider share transfer:

Name of listed entity: MPC Container Ships ASA
ISIN number: NO0010791353
Stock ticker: MPCC
Name of primary insider: Dr. Axel Schroeder
Relation to listed entity: Member of the Board of Directors
Trade: 97,926 shares received in an intra-group transfer
Date: 16.10.2020
Transfer price: NOK 1.00 per share
Primary insider’s total shareholdings post-transfer: 6,794,635 shares
Primary insider’s percentage shareholding post-transfer: 1.72%