Stainless Tankers to cash settle warrants

Stainless Tankers ASA has resolved to settle 337,500 exercised warrants with a cash payment. This decision by the company's board of directors follows a previous stock exchange announcement on September 5, 2025, regarding the warrant exercises. The board opted for a cash settlement rather than issuing new shares.

The company, specializing in seaborne transportation of chemical cargoes, provides pure-play stainless steel chemical tanker exposure. Stainless Tankers operates a fleet of six stainless steel vessels, each with an approximate total carrying capacity of 20,000 deadweight tons. Tufton Management Limited manages the fleet, focusing on maximizing earnings and distributing excess operating cashflow to shareholders.

For further information, interested parties can contact Andrew Hampson, chief executive officer, or Irene Michael, chief financial officer, via their respective Tufton.com email addresses. Stainless Tankers ASA maintains its commitment to an investor-friendly structure.