Performance Shipping: Swells as CEO, other execs become top holders

Performance Shipping

22/03/2019 11:33

** Performance Shipping shares  DCIX.O  rise 7.6 pct in
heavy premarket trading as CEO Simeon Palios and two other execs
report stakes to become top shareholders in the Greek shipper
    ** Palios, through Taracan Investments S.A., reports a 6.76
pct stake in DCIX  as of Feb. 15  urn:newsml:reuters.com:*:nFWN2180MA
    ** President Anastasios Margaronis, through Anamar
Investments Inc, reports a 6.78 pct stake as of Feb. 15
    ** Chief Strategy Officer Ioannis Zafirakis, through Abra
Marinvest, reports a 7.16 pct stake as of Feb. 15  urn:newsml:reuters.com:*:nFWN2180MB
    ** The trio, who hold the same position in Diana Shipping
 DSX.N , are now the top three shareholders in Performance
Shipping, which was previously called Diana Containerships
    ** Over 280k DCIX shares traded (vs 25-day moving avg of
~376k, making them the most active U.S. stock before the bell
    ** DCIX shares are up 81.5 pct YTD, while DSX shares are
down ~14 pct so far this year

 (Reporting by Savio D'Souza)
 ((RM:savio.dsouza.thomsonreuters.com@reuters.net))