AMSC ASA — Director's Dealing 2021

Nov 19, 2021

American Shipping Company ASA: Mandatory Notification of Trade Pursuant to Market Abuse Regulation article 19

Fornebu, 19 November 2021: Pursuant to the Market Abuse Regulation article 19, American Shipping Company ASA (the "Company") hereby notify receipt of information of the following transactions made by Aker Capital AS (the "Reporting Person") in the Company's shares and other financial instruments linked thereto.

1	Details of the Reporting Person and their Closely Associated Persons
a)	Name	Aker Capital AS
2	Reason for the notification
a)	Position/status	Legal person closely associated with board member
		Kristian Røkke
b)	Initial notification/ Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	American Shipping Company ASA
b)	LEI	5967007LIEEXZXHXNC41
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	Ordinary shares
	Identification code	ISIN: NO0010272065
b)	Nature of the transaction	Share swap
c)	Price(s) and volume(s)	Price(s) in NOK	Volume(s)
		33.577308125 33.605915000	9,505,100 shares 9,182,520 shares
	Aggregated information - Aggregated volume	A total of 18,687,620 shares.
	Aggregated information - Price	A total of NOK 627,742,658
e)	Date of the transaction	2021-11-19
f)	Place of the transaction	Outside a trading venue