IMSK - Termination of market maker agreement
(Thomson Reuters ONE) -
I.M. Skaugen SE (IMSK) entered in 2009 into a market maker agreement with Argo
Securities AS with the purpose to provide our many smaller shareholders with
some assistance to enable them to sell or buy smaller amount of shares.
Based upon an evaluation of this scheme, IMSK has agreed with Argo Securities to
terminate the market maker agreement. We are in a process of evaluating
different options to the benefit of our shareholders re liquidity arrangements.
Argo Securities AS will until 23rd of November perform its obligations under the
agreement, which is in accordance with the requirements from the Oslo Stock
Exchange.
I.M. Skaugen SE
If you have any questions, please contact:
Bente Flø, Chief Financial Officer, on telephone +47
23 12 03 30/+47 91 64 56 08 or by e-mail:bente.flo(at)skaugen.com. This press
release is also available on the Internet at our website:
http://www.skaugen.com.
Listed on the Oslo Stock Exchange under the ticker code IMSK,. I.M. Skaugen SE
(IMS) is a marine transportation service company engaged in the
hassle-free transportation of petrochemical gases, chemicals, LPG and LNG,
marine transfer of crude oil and LNG, as well as design and construction of
smaller, specialised high quality vessels.
IMS is a fully-integrated shipping company that designs, builds, owns, mans and
manages its own ships. IMS customers are major international companies in the
oil and petrochemical industry, whom it serves worldwide from locations in
Bahrain, Fujairah (UAE), Freeport and Houston (USA), Oslo (Norway), Singapore,
Sunderland (UK) and Nanjing, Shanghai, Taizhou, Zhangjiagang and Wuhan (China).
We also operate recruitment and training programmes in St. Petersburg (Russia)
and Wuhan (China) for the crewing of vessels.
IMS employs approximately 1,850 people around the world and currently operates
about 42 vessels worldwide. The fleet comprises petrochemical gas, LPG and LNG
carriers, Aframax tankers and lightering support vessels, barges and tugs.
IMS has a newbuilding programme in China, of which three 3,200cbm LPG vessels
are delivered and sold; three purpose-designed combination carriers with
LPG/Ethylene/VCM and Organic chemicals carrying capability (two delivered); and
up to ten advanced 10,000-12,000cbm LNG/ LPG/Ethylene gas carriers (one
delivered), with delivery from 2009 onwards. IMS has invested and built up
internal resources and infrastructure in China to ensure innovative and flexible
vessels at lower cost.
[HUG#1439910]
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All reproduction for further distribution is prohibited.
Source: I. M. Skaugen SE via Thomson Reuters ONE
Unternehmensinformation / Kurzprofil:
Datum: 24.08.2010 - 15:55 Uhr
Sprache: Deutsch
News-ID 39935
Anzahl Zeichen: 0
contact information:
Town:
Oslo
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 200 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"IMSK - Termination of market maker agreement"
steht unter der journalistisch-redaktionellen Verantwortung von
I. M. Skaugen SE (Nachricht senden)
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