Share Name Share Symbol Market Type Share ISIN Share Description
Stolt-nielsen Ltd LSE:0OHK London Ordinary Share BMG850801025 STOLT-NIELSEN ORD SHS
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 108.50 105.80 111.20 4,382 00:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
- - - - 0

Stolt-Nielsen Limited Resolved The Cancellation Of Treasury Shares

06/10/2021 11:31am

UK Regulatory (RNS & others)

Stolt-nielsen (LSE:0OHK)
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LONDON, October 6, 2021 -- Stolt-Nielsen Limited (Oslo Børs: SNI) (the "Company") today announced that the board of directors of the Company has resolved that 5,610,000 common shares and 1,402,500 founder's shares, previously held by the Company as treasury shares, shall be cancelled and thereafter be available for re-issue (the "Treasury Share Cancellation").

Following the Treasury Share Cancellation, the Company holds 5,000,000 common shares, equal to 8.54% of the issued common shares, and 1,250,000 founder's shares, equal to 8.54% of the issued founder's shares, as treasury shares.

The Company's issued share capital after the Treasury Share Cancellation amounts to USD 58,538,426.95, divided into 58,523,796 common shares, each with a par value of USD 1.00, and 14,630,949 founder's shares, each with a par value of USD 0.001, in total 73,154,745 shares.

Notwithstanding the Treasury Share Cancellation, the Company's authorised share capital remains USD 81,250,000, divided into 65,000,000 common shares, each with a par value of USD 1.00, and 16,250,000 founder's shares, each with a par value of USD 0.001.

For additional information please contact:

Jens F. Grüner-Hegge

Chief Financial Officer

U.K. +44 (0) 20 7611 8985

mailto:j.gruner-hegge@stolt.com j.gruner-hegge@stolt.com

Ellie Davison

Head of Corporate Communications

UK +44 (0) 20 7611 8926

mailto:e.davison@stolt.com e.davison@stolt.com

About Stolt-Nielsen Limited

Stolt-Nielsen (SNL or the 'Company') is a long-term investor and manager of businesses focused on opportunities in logistics, distribution and aquaculture. The Stolt-Nielsen portfolio consists of its three global bulk-liquid and chemicals logistics businesses -- Stolt Tankers, Stolthaven Terminals and Stolt Tank Containers -- Stolt Sea Farm and investments in LNG. Stolt-Nielsen Limited is listed on the Oslo Stock Exchange (Oslo Børs: SNI).

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act


(END) Dow Jones Newswires

October 06, 2021 06:31 ET (10:31 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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