1 October 2026: Reference is made to the announcement by Volare Shipping Ltd. ("Volare" or the "Company") on 23 September 2026 regarding the successful private placement of 30,698,864 new shares of the Company (the "Private Placement").
The new shares have now been allotted and issued pursuant to the Private Placement and duly registered. The Company's new issued and paid-up share capital is USD 691,213,794.43759, comprising 70,319,479 ordinary shares, with no par value.
The Private Placement was carried out in connection with the contemplated listing of the Company's ordinary shares on Euronext Growth Oslo (the "Listing"), as previously announced on 21 September 2026. The first day of trading of the ordinary shares of the Company on Euronext Growth Oslo is expected to be on or about 5 October 2026.
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
For more information, please contact: Investors investor.relations@volareshipping.com Media media.enquiries@volareshipping.com
About Volare Shipping Ltd. Volare Shipping Ltd. (Euronext Growth Oslo: VLCC) is an international shipping company, incorporated in Singapore. Volare Shipping currently operates six VLCCs and has eight newbuild VLCCs on order, delivering progressively between 2027 and 2028. At an average age of approximately three years on full delivery, Volare Shipping’s fleet ranks among the youngest and most technically advanced in the listed VLCC sector. The fleet is commercially managed by Trafigura, led by an experienced management team with decades of experience across shipping, commodities and financial markets. This relationship provides Volare Shipping with an industry-leading chartering platform, significant commercial scale and cargo optionality.
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