MPC Container Ships ASA

Major Shareholding Notification • Jul 2, 2021

MPCC - Disclosure of shareholding and mandatory notification of trade

MPCC - Disclosure of shareholding and mandatory notification of trade

Oslo, 2 July 2021. Reference is made to the press release relating to the contemplated secondary placing of shares in MPC Container Ships ASA (“MPCC” or the "Company"), by Star Spike Limited (“Star”) and Pilgrim Global ICAV (“Pilgrim”) (jointly the “Vendors”), dated 1 July 2021.

The Vendors have sold a total of 25,000,000 shares in the Company at a price of NOK 22.00 per share. Star have sold a total of 19,787,111 shares and Pilgrim have sold a total of 5,212,889. After the sale, Star will hold a total of 71,814,143 shares and Pilgrim will hold 18,919,341 shares representing 18.22% and 4.80% of the share capital and voting rights in the Company, respectively.

The shares were sold through an accelerated bookbuilding process managed by ABG Sundal Collier ASA, Clarksons Platou Securities AS and Fearnley Securities AS (jointly the "Managers").

The Vendors are both represented on the Board of Directors in the Company and both Vendors have entered into customary lock-up agreements with the Managers for their remaining shares in the Company valid for 90 days.