Safe Bulkers, Inc., an international provider of dry bulk shipping services, announces with satisfaction today that, following today’s meeting of the Listing and Market Operations Committee of Euronext Athens, it has been confirmed that all listing requirements for the dual listing of Safe Bulkers’ common shares (ISIN code: MHY7388L1039) on the Euronext Main Market, in accordance with Article 2, paragraph 4 of Law 3371/2005, subject to the approval of the prospectus by the Hellenic Capital Market Commission.
The Company is expected to announce the trading start date following the Hellenic Capital Market Commission’s approval of the prospectus.
The Company’s listing advisor is Piraeus Bank S.A. The law firm Potamitis Vekris provided legal advice on matters of Greek law, while White & Case LLP acted as international legal counsel.
It should be noted that the Hatzioannou family retains control of the company, primarily through founder and CEO Polys Hatzioannou.
Polys Hatzioannou founded the company in 2007 and remains its chairman and CEO. Through various holding companies and family holdings, he is the largest shareholder of Safe Bulkers.
The Company is an international provider of dry bulk shipping services, transporting bulk cargoes, particularly coal, grain, and iron ore, via global shipping routes on behalf of some of the largest users of dry bulk shipping services worldwide. The Company’s common stock, as well as its Series C and D preferred stock, are listed on the NYSE.