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Nordic Shipholding M&A Activity 2021

Feb 23, 2021

3449_iss_2021-02-23_67c78741-6854-46f4-a0a2-ab93e303a0cc.html

M&A Activity

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Company Announcement 2/2021

Company Announcement 2/2021

23 February, 2021

**NORDIC SHIPHOLDING A/S

****Company Announcement: 2/2021

**

Published via NASDAQ OMX on 23 February, 2021

Sale of Nordic Pia

Nordic Pia Pte. Ltd., a wholly-owned subsidiary of Nordic Shipholding A/S, has entered into a Sale and Purchase Memorandum of Agreement on 23 February 2021 to sell the Nordic Pia at a gross sale price of USD 7.08 million.

Nordic Pia is a 2006-built handysize product tanker, and the salesprice does not materially differ from the carrying value.

For further information please contact:

Knud Pontoppidan, Chairman of the board, Nordic Shipholding A/S: +45 39 29 10 00