Marine Link
Friday, September 30, 2016

Nordic American Tankers AGM Agrees Share Capital Increase

June 20, 2014

Nordic American Tankship: Photo credit NAT

Nordic American Tankship: Photo credit NAT

Nordic American Tankers (NAT) informs it held its Annual General Meeting (AGM) recently in Hamilton Bermuda.  The following resolutions were approved:

  • All of the nominees of the Board of Directors were approved to serve until the next Annual General Meeting of Shareholders;
  • Deloitte AS was approved as the Company's independent auditors until the close of the next Annual General Meeting;
  • An amendment to the Company's Memorandum of Association to increase the Company's authorized share capital was approved; and
  • The reduction of the Company's share premium account by approximately $208.2 million, which is the amount paid up in excess o f the aggregate par value of the outstanding common shares, par value $0.01 per share, was approved.

www.nat.bm



Maritime Reporter Magazine Cover Sep 2016 - Maritime & Ship Security

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News