UNI - EN REPORT No6/2015
KD Shipping Co. Limited Inc. subsidiary of KDM Shipping Public Limited (the “Company”) during the period of 13th February 2015 and 21st June 2015 has finalized all of it’s relations with LLC Shipmar, Russia. The last voyage under Bareboat Agreement between KD Shipping Co. Limited Inc. and LLC Shipmar was finished on 21st of June 2015. As of today the Company is not in any business relationship or ownership with LLC Shipmar, Russia. Also reminding that acquisition of LLC Shipmar by KDM Shipping Public Limited was canceled during 2014.
Legal basis: Art. 56 section 1 of the Act on Public Offering – material contract