Volare Shipping Ltd.: Stabilisation notice
13 October 2026: Reference is made to the stock exchange announcement made by Volare Shipping Ltd. (the "Company") on 5 October 2026 stating that Clarksons Securities AS (the "Stabilisation Manager"), on behalf of itself and Fearnley Securities AS, may engage in stabilisation activities in the Company's shares (the "Shares") from 5 October 2026 to and including 3 November 2026, facilitated by over-allotments and the Company granting the Stabilisation Manager a right to require the Company to issue up to 4,604,829 new Shares in (the "Greenshoe Option") at a price per share equal to the offer price in the private placement completed on 23 September 2026.
A stabilisation report for the period from 5 October 2026 to 12 October 2026 is attached, together with an overview of stabilisation transactions carried out during the relevant dates covered by the report. The Greenshoe Option has been partly utilized by issue of 300,000 shares, following which the Company will have 70,619,479 shares in issue. The stabilisation period continues to run to and including 3 November 2026, with net 4,303,720 Shares remaining under the Greenshoe Option.
For more information, please contact:
Investors: investor.relations@volareshipping.com
Media: media.enquiries@volareshipping.com
About Volare Shipping Ltd.
Volare Shipping Ltd. (Euronext Growth Oslo: VLCC) is an international shipping company, incorporated in Singapore. Volare Shipping currently operates six VLCCs and has eight newbuild VLCCs on order, delivering progressively through to 2028. At an average age of approximately three years on full delivery, Volare Shipping's fleet ranks among the youngest and most technically advanced in the listed VLCC sector. The fleet is commercially managed by Trafigura, led by an experienced management team with decades of experience across shipping, commodities and financial markets. This relationship provides Volare Shipping with an industry-leading chartering platform, significant commercial scale and cargo optionality.
This information is subject to disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act and the Oslo Rule Book II.