DHT Holdings, Inc. Regains Compliance with NYSE Listing Requirements
March 05 2012 - 5:05PM
Marketwired
DHT Holdings, Inc. (NYSE: DHT) ("DHT" or the "Company") today
announced:
DHT today confirmed that it has regained compliance with the New
York Stock Exchange, Inc.'s ("NYSE") continued listing
standards.
On December 20, 2011, DHT received notice from the NYSE that the
Company was no longer in compliance with the NYSE's continued
listing standards because the average closing price of the
Company's common stock was less than $1.00 per share over a
consecutive 30 trading-day period. Pursuant to the NYSE's rules,
the Company had a six-month cure period following receipt of the
NYSE notice to bring its share price and average share price above
$1.00.
The Company received confirmation from the NYSE on March 2, 2012
that it had regained compliance after its average closing share
price for the 30 trading days ended February 29, 2012 and its
closing price on February 29, 2012 exceeded $1.00.
About DHT
DHT operates a fleet of 12 double-hull crude oil tankers, of
which 11 are wholly owned by the company. The fleet consists of six
VLCCs, two Suezmax tankers and four Aframax tankers. Eight of the
vessels are on medium-term time charters, two are on long-term
bareboat charters and two are operating in the Tankers
International Pool. For further information: www.dhtankers.com.
Forward Looking Statements
This press release contains assumptions, expectations,
projections, intentions and beliefs about future events, in
particular regarding daily charter rates, vessel utilization, the
future number of newbuilding deliveries, oil prices and seasonal
fluctuations in vessel supply and demand. When used in this
document, words such as "believe," "intend," "anticipate,"
"estimate," "project," "forecast," "plan," "potential," "will,"
"may," "should" and "expect" and similar expressions are intended
to identify forward-looking statements but are not the exclusive
means of identifying such statements. These statements reflect the
Company's current views with respect to future events and are based
on assumptions and subject to risks and uncertainties. Given these
uncertainties, you should not place undue reliance on these
forward-looking statements. These forward-looking statements
represent the Company's estimates and assumptions only as of the
date of this press release and are not intended to give any
assurance as to future results. For a detailed discussion of the
risk factors that might cause future results to differ, please
refer to the Company's Annual Report on Form 20-F, filed with the
Securities and Exchange Commission on March 31, 2011.
The Company undertakes no obligation to publicly update or
revise any forward- looking statements contained in this press
release, whether as a result of new information, future events or
otherwise, except as required by law. In light of these risks,
uncertainties and assumptions, the forward-looking events discussed
in this press release might not occur, and the Company's actual
results could differ materially from those anticipated in these
forward-looking statements.
Source: DHT Holdings, Inc.
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants
that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: DHT Holdings, Inc. via Thomson Reuters ONE
[HUG#1591289]
DHT Holdings, Inc. Eirik Uboe Phone: +44 1534 639 759 and +47
412 92 712 Email Contact
DHT (NYSE:DHT)
Historical Stock Chart
From May 2024 to Jun 2024
DHT (NYSE:DHT)
Historical Stock Chart
From Jun 2023 to Jun 2024