2020 Bulkers issues shares after option exercise

2020 Bulkers Ltd. announced the approval and issuance of 10,000 new shares following an exercise notice from a participant in its share incentive program. The board of directors resolved to issue these new shares at a strike price of $11.42 per share.

The company, known for operating six Newcastlemax dry bulk vessels, issued these shares as part of its ongoing incentive scheme. Lars-Christian Svensen, chief executive officer of 2020 Bulkers Management AS, is available for further queries.