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KDM Shipping Public Limited: KDM SHIPPING ACQUIRES THE VESSEL INCREASE ITS DRY BULK CARGO CAPACITY (2013-04-10)

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UNI-EN 7:KDM SHIPPING ACQUIRES THE VESSEL INCREASE ITS DRY BULK CARGO CAPACITY

Firma: KDM SHIPPING PUBLIC LIMITED
Spis treści:
1. REPORT
2. INFORMATION ABOUT THE ENTITY
3. SIGNATURE OF PERSONS REPRESENTING THE COMPANY

Spis załączników:
  1. KDM_new_vessel_purchase.pdf PDF Format file

POLISH FINANCIAL SUPERVISION AUTHORITY









UNI - EN REPORT No 7 / 2013





Date of issue: 2013-04-10
Short name of the issuer
KDM SHIPPING
Subject
KDM SHIPPING ACQUIRES THE VESSEL INCREASE ITS DRY BULK CARGO CAPACITY
Official market - legal basis
Art. 56 ust. 1 pkt 2 Ustawy o ofercie - informacje bieї№ce i okresowe
Unofficial market - legal basis
Contents of the report:
KDM Shipping Public Limited (the “Company") on 9th of April 2013 signed the Memorandum of Agreement (“MoA") for the purchase of one dry bulk cargo vessel built in Damen Shipyard (Holland) in 1989, of capacity DWT 2,970 tonnes, 87.72 m long and draft of 4.5 meters. According to MOA provisions, delivery of the vessel is estimated at the beginning-mid May 2013. All documents and technical condition are checked by the Company and the vessel could be operational from the delivery date. The ship will remain under Loyd Registry until the next scheduled dock repair. The Company purchased the vessel for the consideration of EUR 2.857 million financed from the IPO proceeds.
After the delivery of the vessel, the Company’s cargo fleet will consist of 10 river-sea, dry cargo vessels of total 29 673 DWT.

Legal Grounds: Art. 56 section 1 of the Act on Public Offering
Annexes
File Description
KDM_new_vessel_purchase.pdf
KDM_new_vessel_purchase.pdf
PDF Format file

(fullname of the issuer)
(short name of the issuer) (sector according to clasification
of the WSE in Warsow)
(post code) (city)
(street) (number)
(phone number) (fax)
(e-mail) (web site)
(NIP) (REGON)

SIGNATURE OF PERSONS REPRESENTING THE COMPANY
Date Name Position / Function Signature
2013-04-10 Denys Molodkovets CFO

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