American Shipping Company ASA : Primary insider disclosure

17 March 2016 - Peter D. Knudsen, board member of American Shipping Company ASA ("AMSC" or the "Company"), and his wife Hilde Knudsen have today acquired 2,000 shares in AMSC through the company Vilja AS. The price per share was NOK 28.00, which implies a total consideration of NOK 56,000.

Following the transaction, Vilja AS holds a total of 2,000 shares in AMSC, constituting approximately 0.003% of the Company's shares and votes.

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The information contained herein is subject to the disclosure requirements of section 4-2 of the Norwegian Securities Trading Act.

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: American Shipping Company ASA via Globenewswire

HUG#1995725

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