UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES
EXCHANGE ACT OF 1934
For the month of November 2023
Commission File Number 001-35466
GasLog Ltd.
(Translation of registrant’s name into English)
c/o GasLog LNG Services Ltd.
69 Akti Miaouli, 18537
Piraeus, Greece
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☑ Form 40-F ☐
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Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
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Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
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The press release issued by GasLog Ltd. on November 28, 2023 announcing the partial redemption of its Series A Preference Shares is attached hereto as Exhibit 99.1.
EXHIBIT LIST
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Date: November 28, 2023 |
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GASLOG LTD.,
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By:
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/s/ Paolo Enoizi |
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Name: |
Paolo Enoizi |
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Title: |
Chief Executive Officer |
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Exhibit 99.1
GasLog Ltd. Announces Partial Redemption of Series A Preference Shares
Hamilton, Bermuda, November 28, 2023 — GasLog Ltd. (“GasLog”
or “Company”) (NYSE: GLOG.PRA) today announced that the Company will redeem 4,341,681 shares of its outstanding 8.75% Series A Cumulative Redeemable Perpetual Preference Shares (the “Series A Preference Shares”, and the redemption thereof, the
“Partial Redemption”) held by shareholders of record as of November 27, 2023, pursuant to that certain Certificate of Designations, dated as of March 30, 2015 (the “Certificate of Designations”). The Company expects the redemption date for the Series
A Preference Shares being redeemed in connection with the Partial Redemption to occur on December 28, 2023 (the “Redemption Date”). The redemption price of the Series A Preference Shares will be $25.00 per share plus accrued and unpaid dividends in
respect of the Series A Preference Shares up to, but not including, the Redemption Date (the “Redemption Price”).
Upon redemption, the Series A Preference Shares being redeemed in connection with the Partial Redemption will no longer be outstanding and all rights
with respect to such stock will cease and terminate, other than the right to receive payment of the Redemption Price. The Series A Preference Shares not redeemed in connection with the Partial Redemption shall remain issued and outstanding and
subject to all the terms provided in the Certificate of Designations. The information contained in this Press Release does not constitute a notice of redemption with respect to the Series A Preference Shares.
The Series A Preference Shares are held through The Depository Trust Company (“DTC”) and will be redeemed in accordance with the procedures of DTC.
Payment to DTC for the Series A Preference Shares will be made by Equiniti Trust Company, LLC, the Company’s redemption agent (the “Redemption Agent”), in accordance with the terms set forth in the Redemption Agent Agreement that governs the
redemption of the Series A Preference Shares. All questions about the notice of partial redemption and related materials should be directed to the Redemption Agent at the following address and phone number:
Equiniti Trust Company, LLC
Attn: Corporate Actions Group
6201 15th Avenue
Brooklyn, New York 11219
Tel: (718) 921-8317
About GasLog
GasLog is an international owner, operator and manager of LNG carriers providing support to international energy companies as part of their LNG logistics
chain. GasLog’s fleet consists of 37 LNG carriers (32 on the water, four under construction and one vessel undergoing conversion into a floating storage and regasification unit, or “FSRU”).
Forward-Looking Statements
All statements in this press release that are not statements of historical fact are “forward-looking statements” within the meaning of the U.S. Private
Securities Litigation Reform Act of 1995. Forward-looking statements include statements that address activities, events or developments that GasLog expects, projects, believes or anticipates will or may occur in the future, particularly in relation
to our operations, cash flows, financial position, liquidity and cash available for dividends or distributions, plans, strategies, business prospects and changes and trends in our business and the markets in which we operate. We caution that these
forward-looking statements represent our estimates and assumptions only as of the date of this press release, about factors that are beyond our ability to control or predict, and are not intended to give any assurance as to future results. Any of
these factors or a combination of these factors could materially affect future results of operations and the ultimate accuracy of the forward-looking statements. Other factors that might cause future results and outcomes to differ include, but are
not limited to, the other risks and uncertainties described in GasLog's Annual Report on Form 20-F filed with the SEC on March 3, 2023, available at http://www.sec.gov. Accordingly, you should not unduly rely on any forward-looking statements.
We undertake no obligation to update or revise any forward-looking statements contained in this press release, whether as a result of new information,
future events, a change in our views or expectations or otherwise, except as required by applicable law. New factors emerge from time to time, and it is not possible for us to predict all of these factors. Further, we cannot assess the impact of each
such factor on our business or the extent to which any factor, or combination of factors, may cause actual results to be materially different from those contained in any forward-looking statement.