DHT Holdings, Inc. Files Shelf Registration Statement on Form F-3
July 05 2017 - 4:31PM
HAMILTON, BERMUDA, July 5, 2017 - DHT Holdings, Inc. (NYSE:DHT)
("DHT") filed a shelf registration statement on Form F-3 on June
30, 2017. The shelf registration statement will allow DHT to more
readily raise up to $850,000,000 in capital to be used for
potential acquisitions or other general corporate purposes. The
shelf registration statement also registers the 47,724,395 common
shares that were issued to BW Group Limited ("BW") pursuant to the
previously announced Vessel Acquisition Agreement ("VAA") between
DHT and BW. The common shares issued to BW were not registered
and are not freely tradable. As is customary, DHT agreed to file a
registration statement to cover BW's securities pursuant to the
Investor Rights Agreement, dated as of April 20, 2017.
DHT has no present intention to utilize the shelf registration
statement, and has received no indication that BW is planning to
sell any of its shares in DHT.
About DHT Holdings, Inc.DHT is an independent crude oil
tanker company operating a fleet of crude oil tankers in the VLCC
and Aframax segments. We operate through our wholly owned
management companies in Oslo, Norway and Singapore. For
further information: www.dhtankers.com.
Forward Looking StatementsThis press release may contain
assumptions, expectations, projections, intentions and beliefs
about future events. 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 DHT'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 DHT'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. Investing in DHT's securities involves risk,
and investors should be able to bear the loss of their
investment. For a detailed discussion of the risk factors
that might cause future results to differ, please refer to DHT's
Annual Report on Form 20-F, filed with the SEC on March 23,
2017.
DHT 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 DHT's actual results could differ
materially from those anticipated in these forward-looking
statements.
Media ContactsSvein Moxnes Harfjeld, Co-CEO: +47
23115080Trygve P. Munthe, Co-CEO: +47 23115080
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