Business
KCC: Share capital decrease completed
KCC: Share capital decrease completed
About this update from Kcc Corporation
Oslo, 24 June 2025: Reference is made to the stock exchange announcement madebyKlaveness Combination Carriers ASA ("KCC" or "the Company") on 23 April 2025regarding the annual general meeting's resolution to decrease the sharecapitalof the Company from NOK 60,458,231, by NOK 950,000, to NOK 59,508,231 byredemption of 950,000 shares held in treasury by the Company, each with anominal value of NOK 1.The resolution was published by the Norwegian Register of Business Enterpriseson 24 April 2025 and followed by a six-week creditor notice period, which wascompleted without creditor objections.The share capital decrease has today been registered as completed by theNorwegian Register of Business Enterprises. Following the share capitaldecrease, the share capital of the Company is NOK 59,508,231, divided into59,508,231 shares, each with a nominal value of NOK 1.Following the cancellation of 950,000 treasury shares, KCC owns 218,078shares.Please see the updated "Articles of Association" attached.For further queries, please contact:Engebret Dahm, CEO, Telephone: +47 957 46 851 Liv Dyrnes, CFO and Deputy CEO, Telephone: +47 976 60 561About Klaveness Combination Carriers ASA:KCC is the world leader in combination carriers, owning and operating eightCABUand eight CLEANBU combination carriers with three CABU vessels underconstruction for delivery in 2026. KCC's combination carriers are built fortransportation of both wet and dry bulk cargoes, being operated in tradeswherethe vessels efficiently combine dry and wet cargoes with minimum ballast.Through their high utilization and efficiency, the vessels emit up to 40% lessCO2 per transported ton compared to standard tanker and dry bulk vessels incurrent and targeted combination trading patterns.https://newsweb.oslobors.no/message/649931