News Tag: Regulatory

Himalaya Shipping Ltd. (the “Company”) advises that the 2022 Annual General Meeting of the Company was held on August 10, 2022, at 08:30 ADT at 2nd Floor, The S.E. Pearman Building, 9 Par-la-Ville Road, Hamilton HM 11, Bermuda.  The audited consolidated financial statements for the Company for the year ended December 31, 2021 were presented to the Meeting.

The following resolutions were passed:

1)      To re-elect Bjorn Isaksen as a Director of the Company.

2)      To re-elect Carl E. Steen as a Director of the Company.

3)      To re-elect Georgina E. Sousa as a Director of the Company.

4)      To re-elect Mi Hong Yoon as a Director of the Company.

5)      To amend the Company’s Bye-laws by the deletion of Bye-Law 43 in order to conform with Norwegian Securities and Euronext’s regulations.

6)      To re-appoint PricewaterhouseCoopers AS as auditors and to authorize the Directors to determine their remuneration.

7)   To approve remuneration of the Company’s Board of Directors of a total amount of fees not to exceed US$200,000 for the year ended December 31, 2022.

Hamilton, Bermuda

August 10, 2022

Hamilton, Bermuda, July 20, 2022

Himalaya Shipping Ltd. advises that the 2022 Annual General Meeting of the company will be held on August 10, 2022. The record date for voting at the Annual General Meeting is set to July 29, 2022.

A copy of the Notice of Annual General Meeting and Form of Proxy, and associated information including the Company’s Annual Report can be found on the Company’s website at http://www.himalaya-shipping.com and attached to this press release. The notice and associated information will also be distributed to shareholders by normal distribution methods.

Himalaya Shipping Ltd Notice of Annual General Meeting and Form of Proxy

Himalaya-Shipping-Annual-Report-2021

Hamilton, Bermuda, May 23, 2022

Himalaya Shipping Ltd. (the “Company”) announces the appointment of Ms. Mi Hong Yoon as a Director and Company Secretary. Ms. Yoon was employed by Digicel Bermuda as Chief Legal, Regulatory and Compliance Officer from March 2019 until February 2022 and served as Senior Legal Counsel of Telstra Corporation Limited’s global operations in Hong Kong and London from 2009 to 2019. Ms. Yoon graduated from the University of New South Wales with a Bachelor of Law (LLB) and received the LLM in International Economic Law from the Chinese University of Hong Kong. Ms. Yoon is an Australian citizen and a resident of Bermuda.

For further queries, please contact:

Herman Billung, Contracted CEO

Telephone +47 918 31 590 

About Himalaya Shipping Ltd.: 

Himalaya Shipping Ltd. is an independent bulk carrier company, incorporated in Bermuda. Himalaya Shipping has ordered 12 LNG dual fuel Newcastlemax dry bulk carriers with delivery between Q2 2023 and Q4 2024. 

Hamilton, Bermuda, April 28, 2022

Himalaya Shipping Ltd. (the “Company”) is pleased to have been approved for trading at Euronext Expand Oslo, with the expected first day of trading on 29 April 2022.

In connection with the uplisting, the Company has prepared a prospectus, which is attached and published on the Company’s website at: Himalaya-Shipping-Ltd-Prospectus.pdf

In connection with the listing and as a consequence of the implementation of the EU’s Central Securities Depositories Regulation (the “CSDR”), the Company has today implemented the register of beneficial owners of its shares kept by DNB Bank ASA (as nominee for Euronext Securities Oslo) in Euronext Securities Oslo (the VPS) as its branch register under Bermuda law. As such, shares formerly recorded to DNB Bank ASA (as nominee for Euronext Securities Oslo) in the Company’s register of members are now recorded to the shareholders registered in Euronext Securities Oslo, allowing such shareholders direct shareholder rights in the Company. As such, the Company has ensured its compliance with the changed registration regime for registration of securities with a central securities depository following the implementation of CSDR in Norway and the approval of Euronext Securities Oslo as a central securities depository thereunder.

For further queries, please contact: 

Herman Billung, Contracted CEO 

Telephone +47 918 31 590

About Himalaya Shipping Ltd.: 

Himalaya Shipping Ltd. is an independent bulk carrier company, incorporated in Bermuda. Himalaya Shipping has ordered 12 LNG dual fuel Newcastlemax dry bulk carriers with delivery between Q2 2023 and Q4 2024. 

Himalaya Shipping Ltd - Prospectus

Hamilton, Bermuda, April 21, 2022

Himalaya is pleased to announce it has signed definitive documentation for the sale leaseback financing on ship 5-12. The Company have now secured sale leaseback financing for its complete newbuilding program of 12 dual fuel Newcastlemax vessels with delivery between Q2 2023 and Q4 2024.

The financing covers the remaining instalments to the shipyard and secures attractive financing for 7 years from delivery.

The sale leaseback financing offers both pre and post delivery financing. The Company has customary purchase options at certain dates in the future.

For further queries, please contact: 

Herman Billung, Contracted CEO 

Telephone +47 918 31 590

About Himalaya Shipping Ltd.: 

Himalaya Shipping Ltd. is an independent bulk carrier company, incorporated in Bermuda. Himalaya Shipping has ordered 12 LNG dual fuel Newcastlemax dry bulk carriers with delivery between Q2 2023 and Q4 2024. 

Herman Billung, Contracted CEO of Himalaya Shipping Ltd., has on March 14, 2022, bought 20 000 shares in Himalaya Shipping Ltd. at a price of NOK 50,61 per share. Following the transaction, Herman Billung owns 20 000 shares and 100 000 share options in Himalaya Shipping Ltd.

This information is subject to the disclosure requirements pursuant to the market abuse regulation article 19 and 5-12 of the Norwegian Securities Trading Act.

Template for notification of transactions by persons discharging managerial responsibilities PDMR and persons closely associated with them KRT-1500

Freng Invest AS, a company controlled by Bjørn Isaksen, Director of Himalaya Shipping Ltd., has on March 14, 2022, bought 20 000 shares in Himalaya Shipping Ltd. at a price of NOK 51,05 per share. Following the transaction, Bjørn Isaksen and Freng Invest AS owns 20 000 shares, 150 000 share options and a forward contract to purchase 300,000 shares in Himalaya Shipping Ltd.

This information is subject to the disclosure requirements pursuant to the market abuse regulation article 19 and 5-12 of the Norwegian Securities Trading Act.

Template for notification of transactions by persons discharging managerial responsibilities PDMR and persons closely associated with them KRT-1500 7

Hamilton, Bermuda, March 11, 2022

In September 2021, the Board established a long-term incentive plan for the Group’s directors and other key human resources (the “LTI Plan”) and has approved a set of general rules for the LTI Plan. Furthermore, the Board has allocated 800,000 of the Company’s authorised but unissued share capital as settlement of the exercised options granted under the LTI Plan.

The Board has resolved to grant 120,000 share options to key human resources under the Company’s LTI Plan. Each share option gives the holder the right to purchase one share in the Company at an exercise price of USD 8.00. The share options will vest over a period of three years and expire 5 years after the grant date.

Following the grant, the total number of outstanding share options is 620,000.

The following primary insider was granted options:

Herman Billung (Contracted CEO), was granted 100,000 options, following which he holds in total 100,000 options.

For further queries, please contact:

Herman Billung, Contracted CEO

Telephone +47 918 31 590

About Himalaya Shipping Ltd.:

Himalaya Shipping Ltd. is an independent bulk carrier company, incorporated in Bermuda. Himalaya Shipping has ordered 12 LNG dual fuel Newcastlemax dry bulk carriers with delivery between Q2 2023 and Q4 2024.

Template for notification of transactions by persons discharging managerial responsibilities PDMR and persons closely associated with them KRT-1500 6