Gram Car Carriers ASA - Mandatory notification of transactions by primary insiders
Gram Car Carriers ASA - Mandatory notification of transactions by primary insiders
Oslo, 13 July 2024
Reference is made to the offer document dated 23 May 2024 issued by SAS Shipping
Agencies Services Sàrl (the "Offeror") in respect of the recommended voluntary
cash offer to acquire all issued and outstanding shares in Gram Car Carriers ASA
("GCC" or the "Company") for a cash consideration of NOK 263.69 per share.
Reference is further made to the stock exchange announcement on 11 July 2024 at
15:40 CEST (the "Notice"), regarding mandatory notification of transactions by
primary insiders, including the settlement of the Company's share option program
(the "Share Option Program"). The final calculations of the consideration for
the share options under the Share Option Program have been completed. The share
options provided under the Share Option Program will therefore be settled in
cash to the members of the Company's executive management as specified in the
Notice.
For further details about the transactions related to the settlement of the
Share Option Program, please see the enclosed forms.
About Gram Car Carriers ASA:
GCC is the world's third-largest tonnage provider within the Pure Car Truck
Carriers (PCTCs) segment with 17 vessels, across the Distribution, Mid-size and
Panamax segments. The Company serves as a trusted provider of high-quality
vessels and logistics solutions ensuring safe, efficient and punctual shipment
of vehicles for a network of clients comprising of major global and regional
PCTC operators.
This information is subject to the disclosure requirements in Regulation EU
596/2014 (MAR) article 19 number 3 and section 5-12 of the Norwegian Securities
Trading Act.