Nordic American Tankers AGM Agrees Share Capital Increase
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.