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Increase in capital for DIS

Rome - The company d’Amico International Shipping (DIS) has convened an extraordinary shareholders’ meeting to be held on March 11, 2019 at 03:00 pm at the company’s registered office in Luxembourg. In fact, the board of directors proposes to increase the authorized share capital

Rome - The company d’Amico International Shipping (DIS) has convened an extraordinary shareholders’ meeting to be held on March 11, 2019 at 03:00 pm at the company’s registered office in Luxembourg. In fact, the board of directors proposes to increase the authorized share capital of 750 million shares to 1.75 billion shares with the intention of carrying out, in the weeks following the approval of the shareholders’ meeting, a capital increase to these conditions: amount up to 60 million dollars; discount on the theoretical ex-law price not higher than 25%.

Furthermore, he acknowledges that the company of d’Amico International, a controlling shareholder with 64% of the capital, has made an irrevocable and unconditional commitment to vote in favor, exercising all the option rights that it will receive as a result of the offer. The capital increase will be preceded by an extraordinary period for the d’Amico International Shipping Warrant 2017-2022. The board meeting for the approval of the draft consolidated financial statements and financial statements for the year 2018 will be held on Wednesday 20 March 2019.

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