Brief: Viking Supply Ships Ends Vessel Management Deal With Borealis Maritime Funds

Viking Supply Ships AB

26/01/2024 12:35

Jan 26 (Reuters) - Viking Supply Ships AB  VSSABb.ST :
    * TERMINATED MANAGEMENT AGREEMENT ON VESSELS OWNED IN
PARTNERSHIPS
WITH FUNDS MANAGED BY BOREALIS MARITIME
    * EXECUTED PUT OPTION IN SHARES IN COMPANY OWNING VESSELS
    * EXPECTS TO BOOK A GAIN OF ABOUT USD 8.5 MILLION AND A CASH
RELEASE OF ABOUT USD 17.5 MILLION

Source text for Eikon:  ID:nMFNbdWGZx 
Further company coverage:  VSSABb.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))