11-08-2006 02:31 PM CET - Logistics & Transport
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EXMAR has engaged in a private offering of new shares

Press release from: Exmar
(openPR) - EXMAR NV has instructed an investment banker to raise at least 5 % of the outstanding market capitalization through a private placement of shares. The funds will be used to finance new LPG, LNG and Offshore projects.

The company will announce the results of the transaction after closing of the bookbuilding.

The suspension of the EXMAR share has been requested. Trading of the shares will be
resumed half an hour after publication of the results of the bookbuilding.

About EXMAR
EXMAR is one of the largest independent operators of gas tankers in the world with a
diversified fleet of 49 ships ranging from 150,900m³ LNG carriers down to 12,030 m³
chemical carriers, an FPSO and an accommodation barge.

- Exmar
- De Gerlachekaai 20
B-2000 Antwerpen
- Tel: 32 3 247 56 67
- Patrick De Brabandere

EXMAR is a diversified and independent shipping group serving the international gas and oil industry. Apart from providing the ships for the transportation of these products, it also performs studies and undertakes the management of commercial, technical and administrative activities for the industry
News-ID: 12639
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