TIL - SHARE CAPITAL INCREASE IN CONNECTION WITH BOARD REMUNERATION
(Oslo Bors Newsfeed Via Acquire Media NewsEdge) Hamilton, Bermuda, 29 April 2014
Tanker Investments Ltd. (Tanker Investments) (OSE:TIL)
today announced that its Board of Directors have
resolved to issue 17,172 new shares to certain members
of the Board of Directors for the period January 2014
to December 2014, as part of their remuneration for
that period. The shares will be issued and registered
in due course. Once issued the total shares
outstanding will be 38,430,172.
About Tanker Investments Ltd.
Tanker Investments Ltd. is a specialized investment
company focused on the crude oil mid-size tanker
market. Tanker Investments Ltd. was formed in January
2014 by Teekay Tankers Ltd. and Teekay Corporation to
opportunistically acquire, operate and sell modern
secondhand mid-size tankers to benefit from cyclical
fluctuations in the tanker market.
For Investor Relations enquiries contact:
Tel: +1 (604) 609-2993
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