ADS Crude Carriers Plc (“ADS” or the “Company”) announces that the following Primary Insider has acquired shares in the Company through a related party on 26 August 2019:

Ben Boiling, Chief Financial Officer of ADS: 3,000 shares at an average price of NOK 18.90 per share.  Following the transaction, Mr. Boiling owns 3,000 shares in ADS.

Contacts

Terje Bodin Larsen, CEO
+47 905 35 543
tbl@ads.no

Ben Boiling, CFO
+47 912 40 945
ben.boiling@ads.no

About ADS Crude Carriers

ADS Crude Carriers Plc is a public limited company listed on the Merkur Market at the Oslo Stock Exchange (ticker ADSC-ME). The Company is incorporated and domiciled in Cyprus and has Norwegian subsidiaries based in Arendal, Norway. The principal activities of the Company are operating tanker vessels in the global tanker market. The Company currently owns and operates a fleet of three VLCCs: ADS Page, ADS Stratus and ADS Serenade.