Cetus Maritime Holdings Limited: Mandatory notifications of trade
Cetus Maritime Holdings Limited: Mandatory notifications of trade
Hong Kong, 13 November 2026: Reference is made to the stock exchange announcement made by Cetus Maritime Holdings Limited ("Cetus" or the "Company") on 13 November 2026 regarding the successful Private Placement (as defined therein) with a total transaction size of the NOK equivalent of approximately USD 200 million, managed by Clarksons Securities AS and DNB Carnegie, a part of DNB Bank ASA, as joint global coordinators and joint bookrunners (the "Joint Global Coordinators"), and Nordea Bank Abp NUF as joint bookrunner (together with the Joint Global Coordinators, the "Managers").
The following primary insiders and close associates of primary insiders have been allocated new shares in connection with the private placement:
Cetus Maritime (BVI) Limited, a close associate of primary insider and Managing Director - Finance & Treasury, Emma Joan Cawood, will receive 54,644 new shares. Following the Private Placement, Mrs. Cawood will indirectly hold a total of 256,147 shares in the Company;
Asia Logistic Investment Limited, a close associate of primary insider and CEO & interim CCO, Mark Young, will receive 546,448 new shares. Following the Private Placement, Mr. Young will indirectly hold a total of 10,140,316 shares in the Company;
Further, Pacific Transportation Asia LLC ("PTA"), a close associate of the chair of the board of the Company, Richard Owen Pyvis, and board members Peter Jae Sun Min, Jakob Bergholdt and Michael Tønnes Jørgensen, has lent a total of 13,500,000 existing shares to DNB Carnegie, a part of DNB Bank ASA, in its capacity as stabilisation manager, on behalf of the Joint Global Coordinators (of which all 13,500,000 shares will be delivered to investors in the Private Placement), in order to facilitate the over-allotment of shares in the Private Placement. During the term of the share loan, and prior to the redelivery, PTA's shareholding in the Company will be reduced from 112,298,854 shares to 98,798,854 shares.
Please see the enclosed forms for further details.
For more information, please contact: Tabitha Logan Telephone: +852 2147 2010 Email: tlogan@cetusmaritime.com
This information is subject to the disclosure requirements in article 19 of the Regulation EU 596/2014 (the EU Market Abuse Regulation) and section 5-12 of the Norwegian Securities Trading Act.