Press - Western Bulk

Offering successfully completed

Western Bulk is pleased to announce that the Offering has been successfully completed with the allocation of 4,340,000 Offer Shares at a price of NOK 30.00 per Offer Share, resulting in a total transaction size of approx. NOK 130 million.

08.09.2021

Contemplated private placement and listing on Euronext Growth Oslo

The private placement will consist of a primary offering of up to 3,950,000 new shares to be issued by the company to raise gross proceeds of up to NOK 118.5 million, equivalent to approximately USD 13.7 million.

06.09.2021

Western Bulk publishes First Half 2021 results

In the first half of 2021 Western Bulk achieved a net profit of USD 9.0 million, a significant improvement from a loss of USD -2.9 million in the same period of 2020.

04.08.2021

Western Bulk publishes Annual Report 2020

Today Western Bulk published its 2020 Annual Report with a full year net profit after tax of USD 3.2 million and a Net TC result of USD 26.7 million.

18.03.2021

Second Half and preliminary 2020 results

In a year dominated by pandemic and lockdowns, Western Bulk is very satisfied to post significant improvements with second half year net profit.

11.02.2021

First half year 2020 results

Well positioned for the market downturn but negatively impacted by the Covid-19 supply chain disruptions.

04.08.2020

Media contacts

Kenneth Thu

Chief Financial Officer

ir (at) westernbulk.com

+47 23 13 34 00

Hans Aasnæs

Chief Executive Officer

+47 23 13 34 00