ADS Maritime Holding Plc ("ADSMH" or "the Company") has agreed to acquire a 5 %
shareholding in AET Sea Shuttle AS and AET Sea Shuttle II AS, the owners of 4
modern shuttle tankers operating in the North Sea, mainly on long term charters
to Equinor.
The vessels are as follows:
	DP 2 SH Tanker  Eagle Blane Built 2019 125,000 DWT
	DP 2 SH Tanker  Eagle Balder Built 2019 125,000 DWT
	DP 2 SH Tanker  Eagle Bergen Built 2015 120,000 DWT
	DP 2 SH Tanker  Eagle Barents Built 2015 120,000 DWT
	(together the "Vessels").
The majority partner in the owning companies will remain major Malaysian tanker
owner AET, part of the MISC/Petronas Group. The vessels are operated by OSM
Maritime.
Sellers are ADS Shipping Limited. The shares are acquired at a discount to
valuations of the Vessels obtained from independent international brokers.  The
acquisition is financed by an interest free sellers' credit repayable within 2
years.  
ADS Maritime Holding Plc has recently taken positions within the VLCC and MR
segments. The current acquisition will both establish exposure in an additional
segment in the oil & gas markets and prepare the Company for further growth.

Contacts
Terje Bodin Larsen, CEO
+47 905 35 543
tbl@ads.no 

Dagfinn Andersen, CFO
+47 922 91 001
dagfinn.andersen@ads.no




This information is considered to be inside information pursuant to the EU
Market Abuse Regulation and is subject to the disclosure requirements pursuant
to Section 5-12 of the Norwegian Securities Trading Act. 
This stock exchange release was published by Dagfinn Andersen, CFO, ADS Maritime
Holding Plc, on 24th June 2022 at 08:00 CET.

About ADS Maritime Holding
ADS Maritime Holding Plc is a public limited company listed on the Euronext
Growth at the Oslo Stock Exchange (ticker ADS). The Company is incorporated and
domiciled in Cyprus and has Norwegian subsidiaries based in Arendal, Norway. 
For more information, visit www.adsmh.com 

Forward looking statements
The information included herein may contain forward looking statements. Forward
looking statements include all statements that are not historical facts,
including but not limited to statements expressing or implying the Company's
intent, belief or current expectations with respect to, among other things,
forecasts, estimates, and predictions. Such forward looking statements
necessarily involve risks and uncertainties and are dependent on assumptions,
information, data or methods that may be incorrect or imprecise. Actual results
could differ materially from expectations expressed in the forward-looking
statements if one or more of the underlying assumptions or expectations proves
to be inaccurate or is unrealized. Actual results may differ materially from
those expected or projected in the forward-looking statements. The Company
undertakes no responsibility or obligation to update or alter forward-looking
statements for any reason.