Ads Maritime Holding Plc · OSL:ADS
Ads Maritime — Investor Presentation (July 2022)
29 slides from Ads Maritime's investor presentation, July 2022
Slide 1: Investor Presentation: NOK 100 million Fully Underwritten Follow-on Offering
Investor Presentation NOK 100 million Fully Underwritten Follow-on Offering July 2022
Slide 2: Important Notice and Disclaimer (1/3)
Important Notice and Disclaimer (1/3) By receiving this company presentation (the "Presentation") or attending any meeting or Matters discussed in this Presentation may constitute or include forward-looking oral presentation held in relation thereto, you (the "Recipient") agree to be bound by the st
Slide 3: Important Notice and Disclaimer (2/3)
Important Notice and Disclaimer (2/3) An investment in the Company's shares should be considered as a high-risk investment. A multitude of factors can cause actual results to differ significantly from any Several factors could cause the actual results, performance or achievements of the anticipated
Slide 4: Important Notice and Disclaimer (3/3)
Important Notice and Disclaimer (3/3) This Presentation and the information contained herein are not an offer of securities for This Presentation is not an advertisement for the purposes of applicable measures sale in the United States and are not for publication or distribution to persons in the im
Slide 5: Summary of Risk Factors (1/2)
Summary of Risk Factors (1/2) Please see Risk Factors section in the appendix An investment in the shares (the "Shares") of ADS Maritime Holding Plc ("ADS Maritime 1.1 Risks associated with the Company's business and the industry in which Holding" or the "Company") involves inherent risks. Before ma
Slide 6: Summary of Risk Factors (2/2)
Summary of Risk Factors (2/2) Please see Risk Factors section in the appendix The Company faces operational risks through its exposure to oil takers 1.2 Financial risks Significant declines in energy prices may adversely affect the Company's growth prospects The Company may require additional capita
Slide 7: Presenting Executive
Presenting Executive • Experienced senior professional with background in the banking and maritime sector • Joined Arendals Dampskibsselskab AS in 2008 from the position as Managing Director of the Nordic operations of US based broker DeWitt Stern • Chairman of Norse Atlantic Airways since its found
Slide 8: Contents
Contents Executive Summary The Company Use of Proceeds Appendix 8
Slide 9: Executive summary
Executive summary NOK 100 million Fully Underwritten Follow-on Offering ADSMH – A diversified maritime investment company • ADS Maritime Holding Plc (“ADSMH” or “the Company”) is raising NOK 100 million in an Equity Private Placement, fully underwritten • ADS Maritime Holding Plc is a shipping inves
Slide 10: Transaction summary
Transaction summary Issuer • ADS Maritime Holding Plc, a private limited company incorporated in Cyprus with Registration no.: 383277 • Shares issued: 23,390,300 shares issued (each with a par value of USD 0.20). Pre-money share capital • Pre-money market capitalization: NOK 49 million. • Primary Of
Slide 11: Investment highlights
Investment highlights Strategy to build diversified portfolio of maritime investments, with a low-cost base, and strong shareholder alignment Pipeline of proprietary opportunities to capitalize on market opportunities Proven ability to maximize dividends to shareholders Long history of strong partne
Slide 12: Contents
Contents Executive Summary The Company Use of Proceeds Appendix 12
Slide 13: ADS Maritime Holding
ADS Maritime Holding Company overview Dividend track-record Investment and dividend2) USD million • ADS Maritime Holdings (“ADSMH”) was • The Company was listed on Euronext Growth established 2018 as ADS Crude Carriers following a USD 58 million private placement H2’18 80.0 • Listed on Euronext Grow
Slide 14: Investment strategy
Investment strategy The investment philosophy 1. Counter-cyclical investments, with quality ships bought at low prices (at a significant discount to new building parity). The Long-term Short-term Company prefer liquid assets (i.e. tankers and bulkers) and larger ships as they have greater upside tha
Slide 15: Current portfolio
Current portfolio Long-term Short-term 5% interest in 4x Shuttle Tankers 20% interest in chartered-in scrubber fitted MR • A 5% shareholding in AET Sea Shuttle AS and AET Sea Shuttle II AS, the • The vessel trade in Navig8’s MR pool for a firm period of 3 years (+/- owners of 4x modern shuttle tanke
Slide 16: Contents
Contents Executive Summary The Company Use of Proceeds Appendix 16
Slide 17: Use of Proceeds
Use of Proceeds The Company will use the proceeds to invest in shipping assets, on a co-investment basis or in fully owned assets, and for general corporate purposes. The Company will continue to develop investments utilizing the company's track record with first class counterparties as part of its
Slide 18: Contemplated market opportunities
Contemplated market opportunities LR2/Aframax Tanker Project LNGC Project • The company is currently negotiating the acquisition of a 20% ownership • ADSMH (the “Company”) has signed a letter of intent in connection with position in 3x Chinese built ~13/14-year-old LR2/coated Aframax the constructio
Slide 19: Attractive Market Conditions
Attractive Market Conditions LR2 Spot Earnings Product Tanker Market 180,000 150,000 • Oil supply has been lagging demand with gap expected to close in 2022 resulting in increased 120,000 tanker volumes, for both crude and product tankers USD / d 90,000 • The Russian invasion of Ukraine are driving
Slide 20: Contents
Contents Executive Summary The Company Use of Proceeds Appendix 20
Slide 21: Board of Directors
Board of Directors MARIOS DEMETRIADES BJØRN TORE LARSEN Independent Director and Deputy Chairman Chairman Marios Demetriades previously served as the Minister of Transport, Communications and Works for the Republic of Cyprus from 2014 to 2018 and held various positions in Controlling shareholder of
Slide 22: Management Team
Management Team TERJE BODIN LARSEN HARALD WENNESLAND CEO Marine Operations Manager Terje Bodin Larsen is a law graduate from University of Oslo, and is admitted to the Harald Wennesland holds a Bachelor Degree in Business Administration from SNHU, Norwegian Bar. He has held senior positions within t
Slide 23: Risk Factors (1/6)
Risk Factors (1/6) An investment in the shares (the "Shares") of ADS Maritime Holding Plc ("ADS Maritime Holding" or the The Company is subject to key personnel and investment philosophy risk "Company") involves inherent risks. Before making an investment decision, investors should carefully conside
Slide 24: Risk Factors (2/6)
Risk Factors (2/6) After the completion of an acquisition, the Company may also discover risks or issues that were not catered Due to the Company's lack of diversification, adverse developments in the sector for maritime transportation for at the time of acquisition and which may have an adverse eff
Slide 25: Risk Factors (3/6)
Risk Factors (3/6) Adverse economic conditions, including disruptions in the global credit markets, could adversely affect the A sustained low energy price environment may adversely affect the Company's business, results of Company's business, financial condition, and results of operations operation
Slide 26: Risk Factors (4/6)
Risk Factors (4/6) The Company's business has an international scope which involves several jurisdictions and depends on stable The Company is subject to risks related to epidemics or pandemic outbreaks, including COVID-19 political situations and regulations Epidemic or pandemic outbreaks, includin
Slide 27: Risk Factors (5/6)
Risk Factors (5/6) The Company is exposed to risks relating to data protection and data privacy regulations 1.3 Risks related to the Shares Company receives, store and processes personal information and other customer data in connection with its The market price of the Shares is and may continue to
Slide 28: Risk Factors (6/6)
Risk Factors (6/6) Financial reporting and other public company requirements The transfer of shares is subject to restrictions under the securities laws of the United States and other jurisdictions The Company is subject to reporting and other obligations under applicable law, including the Norwegia
Slide 29: ADS Maritime Holding Plc contact details
Cyprus Norway Email: contact@adsmh.com ADS Maritime Holding Plc, ADS, OSM House, 22 Amathountos, PO Box 198 Visiting Address Norway: 4532 Agios Tychonas 4802 Arendal, Sandvigveien 19, Limassol, Cyprus Norway 4816 Kolbjørnsvik, Norway Tel +357 25335501 Tel: +47 41 49 40 00
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