PROPOSAL CAPITAL INCREASE
A syndicate of banks has been appointed to underwrite the remaining EUR 43.7 million.
The Board of Directors will convene an Extraordinary General Meeting of the shareholders of the company on 13th November 2009. All existing shareholders will have the opportunity to participate in the transaction through the exercise of their preferential rights.
The capital increase is intended to strengthen the balance sheet of the Company and to support the further growth ambitions of the Group. The modalities of the transaction will be included in a prospectus that will be made available in due time.
EXMAR and Excelerate Energy have come to an agreement whereby the LNGRV EXQUISITE to be delivered on 30th October 2009 becomes wholly owned by Excelerate Energy. EXMAR will remain responsible for the management and operations of the vessel.
Financing of EXMAR’s 50% in the LNGRV EXPEDIENT is secured with a syndicate of relationship banks. The delivery of the ship is scheduled for 30th November 2009.
Financing of EXMAR’s 50% in LNGRV to be named EXEMPLAR, due for delivery in September 2010, is in progress.
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.
IMPRESS COMMUNICATIONS LTD
8-10 Cleave Avenue,
Kent BR6 7DR
Tel: +44 (0) 1689 860660
Fax: +44 (0) 1689 818285
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release PROPOSAL CAPITAL INCREASE here
News-ID: 101960 • Views: 2504
More Releases from Exmar NV
Exmar extraordinary shareholders’ meeting
The extraordinary shareholders’ meeting held today, 13th November 2009 has, subject to the approval of a prospectus by the CBFA and the signing of a hard underwriting agreement with the underwriting syndicate, decided to increase the share capital with a maximum of EUR 100 million by issuing new shares with VVPR strips. All existing shareholders will have the opportunity to participate in the transaction through the exercise of preferential rights. The
Fluxys LNG and Exmar examine project to build second jetty at Zeebrugge liquefie …
Fluxys LNG is to launch the detailed study into building a second jetty at the Zeebrugge liquefied natural gas terminal, the aim being to enable regasification ships to moor. For its part, Exmar is prepared to book long-term capacity with Fluxys LNG. The two companies have signed a Memorandum of Understanding setting out their agreement. Pascal De Buck, Member of the Fluxys Executive Board and Commercial Director: “Enabling reception of
EXMAR Provisional results 2008
The Executive Committee of EXMAR reported today the preliminary results for the 4th quarter and full year 2008. HIGHLIGHTS Cash flow from Operations (EBITDA) and Operating Result (EBIT) influenced by disappointing VLGC market but supported by the sale of the Midsize LPG vessel CARLI BAY; - Contribution from LNG and Offshore divisions in line with expectations; - This year again, falling USD interest rates have had a significant influence on financial results thru non-cash,
EXMAR forms Alliance to Create Floating Liquefaction, Storage and Offloading Sol …
Partnership to provide broad-based solutions for developing gas markets Antwerp, November 05, 2008 – EXMAR today announced the formation of an alliance to advance its efforts in the development of floating liquefaction solutions. EXMAR has specifically formalised a relationship with its long-time LNG partner, Excelerate, and with Black & Veatch, a proven provider of natural gas processing and liquefaction technology. “The alliance of a proven liquefaction technology provider, an experienced LNG importer
More Releases for EUR
Archiware delivers professional Archive and Backup for 1,000 EUR
Archiware GmbH, manufacturer of the media-focussed data management software suite Archiware P5, now offers the new, affordable P5 Desktop Edition. The new license bundle caters to small teams and single users willing to professionally archive their media. Director and DOP Anton Nelson showcases what the P5 Desktop Edition can do in a beautiful testimonial. Munich, February 4th, 2019 - Keeping media safe is crucial in media production – be it raw
onlineprinters.com invests more than EUR three million in production
New 8-colour offset printing press expands online print shop's capacity Neustadt an der Aisch, Germany – By investing more than EUR three million, Onlineprinters, the internationally operating online print shop, has expanded the production facilities at its German site. Extra offset printing capacity was added in September with the purchase of a new state-of-the-art 8-colour printing press, the Heidelberger Speedmaster XL 106-8P, including a new CTP system for digital printing plate
EUR 155,000 for Safe Zones Project
Eichsfeld Festival Attracts 25,000 Music Fans to Downtown Duderstadt "Tonight is going to rock!" It was with these words that initiators Professor Hans Georg Näder and Peter Maffay opened the 2012 Eichsfeld Festival this past Saturday. Around 25,000 music fans followed the invitation to experience top-class live performances in the Marktstraße of Duderstadt that day. Peter Maffay, Ich + Ich and four regional special guests did more than just wow the
Clariant successfully issues EUR 500 million Eurobond
Muttenz, January 17, 2012 – Today, Clariant successfully priced an Eurobond transaction of EUR 500 million with a tenor of 5 years, issued by Clariant Finance (Luxembourg) S.A. and guaranteed by Clariant Ltd. The fixed rate notes with a minimum denomination of EUR 100,000 and a final coupon of 5 ⅝ % p.a. are maturing on January 24, 2017. The orderbook was significantly oversubscribed on the back of strong investor demand.
VSCloud – cloud services from 0.78 EUR per day
On 15th of August, at a press conference, the unique cloud project named VSCloud was presented which provides cloud services of IaaS (Infrastructure as a Service) type. After three months, VSCloud can boast with hundreds of active users mainly from the Czech Republic and Slovakia. The leadership of VSCloud foresees that the number of first thousand active users will be surpassed by the end of this year. What are the advantages
“Die Presse” Scholarship in the amount of EUR 15000
MSc Program Environmental Technology and International Affairs The shortage of environmental resources and the dealing with pollution are challenges which the international society of the 21st century has to face. Climate change, water shortage and air pollution are only some of the problems which have to be solved. The purpose of a sustainable development can be reached only if decision makers dispose of a comprehensive education. The cooperation between the Vienna University