Prenumeration
Beskrivning
| Land | Bermuda |
|---|---|
| Lista | Euronext Growth Oslo |
| Sektor | Tjänster |
| Industri | Shipping & Offshore |
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Hamilton, Bermuda, 23 October 2025
Bruton Limited (Euronext Growth Oslo: BRUT) (the “Company”) hereby refers to its press release on 13 October 2025 regarding its conditional offer to the shareholders in Andes Tankers II Ltd. (“Andes Tankers II”), in which the Company offered to exchange the shares of Andes Tankers II with consideration shares in the Company at an exchange ratio of 0.806 share in the Company for each share in Andes Tankers II. The consideration shares will be recorded in Euronext Securities Oslo (the “VPS”) as Norwegian Depository Receipts (“NDRs”).
The Company is pleased to announce that all the beneficial shareholders of Andes Tankers II have accepted the offer.
The completion of the share exchange with each shareholder of Andes Tankers II is subject to the delivery of the Andes Tankers II shares to the Company, the subsequent issuance of the consideration shares by the Company and delivery of NDRs representing the beneficial ownership rights to the consideration shares in the VPS.
This information is considered to be inside information pursuant to the EU Market Abuse Regulation and subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. This stock exchange notice was published by Vidar Hasund, Contracted Chief Financial Officer, on the date and time as set out in the release.
About Bruton Limited:
Bruton Limited is an industrial player incorporated in Bermuda and seeking to make strategic investments in the shipping, offshore and energy sectors, currently focusing on its VLCC newbuilding program.