ADS appoints Marius Halvorsen as Chief Commercial Officer

Marius Halvorsen has joined Arendals Dampskibsselskab AS (“ADS”) as Chief Commercial Officer. ADS is the manager of ADS Crude Carriers Plc, and in addition has investments in shuttle tankers and dry bulk carriers. Prior to joining ADS Marius worked as CEO of Fearnley Securities in Oslo, previous to which he spent 15 years working in New York, predominantly in top management positions in finance and investment banking.

Key information regarding the cash dividend declared in relation to Q1 2020

Today is the last day of trading for which shares in ADS Crude Carriers Plc include the right to receive the forthcoming dividend in relation to Q1 2020 earnings, previously announced on 28 May 2020. The shares will be traded ex-dividend of the NOK equivalent of USD 0.30 per share (NOK 2.86 per share) as from tomorrow.