Brief: DNB to buy 5.5 mln shares in AMSC at NOK 26/shr

Amsc ASA

11/01/2016 07:16

Jan 11 (Reuters) - American Shipping Company ASA  AMSCA.OL : 
    * DNB accepted to acquire 5,500,000 shares (equal to 9.07 pct of outstanding shares) in 
AMSC at a price of 26 Norwegian crowns ($2.93) per share 
    * Trade date will be Jan. 11, 2016 and settlement will take place on Jan. 13, 2016 
    * Following transaction, DNB holds a total of 9,505,100 shares in AMSC, constituting 15.68 
pct of AMSC's shares and votes 
 
Source text for Eikon:  ID:nObi5Vxy2a  
     
Further company coverage:  AMSCA.OL  
 
($1 = 8.8695 Norwegian crowns) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48586983920;))