Himalaya Shipping Ltd. board approved issuance of 220,000 new shares upon exercise of share options at USD 6.70 strike price, pending Euronext compliance.
Key takeaways
Received exercise notices for 220,000 share options from program participants.
Board resolved to issue 220,000 new shares at USD 6.70 per share strike price.
Issuance subject to payment of strike price and Euronext Rule Book II section 4.8.4.4 compliance.
Separate announcement planned upon meeting conditions and share issuance.
Company operates 12 vessels as Bermuda-incorporated bulk carrier.