Hamilton, Bermuda, March 31, 2023
Reference is made to Himalaya Shipping Ltd.’s (“Himalaya Shipping”) stock exchange announcement on March 31, 2023, relating to the equity offering of a total of 7,720,000 new common shares (the “Offer Shares”), each at a subscription price of US$5.8 per Offer Share (the “Subscription Price”).
The following persons discharging managerial responsibilities (“PDMRs”) in Himalaya Shipping have subscribed for and been allocated the following Offer Shares at the Subscription Price:
Bjørn Isaksen, Chairperson of Himalaya Shipping: 30,000 Offer Shares. After delivery, Mr. Isaksen and Freng Invest AS, a company controlled by Bjørn Isaksen, will own 350 000 shares and 150 000 share options in Himalaya Shipping.
Herman Billung, Contracted Chief Executive Officer of Himalaya Shipping: 17,241 Offer Shares. After delivery, Mr. Billung will own 37,241 shares and 100,000 share options in Himalaya Shipping.
Herman Billung, Contracted CEO
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