AMSC ASA – American Shipping Company ASA: Notice of Annual General Meeting01/04/2022
The annual general meeting of American Shipping Company ASA will be held on Friday, April 22, 2022 at 11:00 CEST as a virtual meeting. The proposed agenda includes election of new members to the board of directors and election of new auditor.
The meeting will be conducted as a virtual meeting only, accessible online via Lumi AGM. All shareholders will be able to participate in the meeting, vote and ask questions from smartphones, tablets or desktop devices. For further information regarding electronic participation, please refer to the guide available at www.americanshippingco.com.
No pre-registration is needed for attending online, but attendees must be logged in before the meeting starts. Deadline for registration of advance votes and proxies is April 21, 2022 at 16:00 CEST.
Please find attached the following documents:
• Notice of Annual General Meeting 2022, incl. proxy form
• The Board of Directors’ proposed resolutions
• Statement from the audit committee concerning election of new auditor
• Remuneration report for executive management for 2021
• Recommendation from the Nomination Committee
• Confirmation from KPMG of equity coverage after share capital reduction
All documents to be processed in the meeting, as well as the participation link and guidelines for online participation, will also be made available on www.americanshippingco.com.
About American Shipping Company ASA:
Established in 2005 and listed on the Oslo Stock Exchange, AMSC is a ship owning company with nine modern handy size product tankers and one modern handy size shuttle tanker on bareboat charter with Overseas Shipholding Group (OSG). OSG charters the vessels out on time charters to major oil companies in the U.S. coastwise Jones Act trade. AMSC has a significant contract backlog as well as a profit sharing agreement with OSG which offers visibility with respect to future earnings and potential dividend capacity. The Company has an ambition to pay attractive dividends to its shareholders. Further information is available at www.americanshippingco.com.
Pål Magnussen, Chief Executive Officer
+47 24 13 00 04
Morten Bakke, Chief Financial Officer
+47 24 13 00 87
Leigh Jaros, Controller
+1 484 880 3741
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.