Oslo, Norway, 12 December, 2024 - The Board of Directors of MPC Container Ships ASA (the "Company") has today received a letter from Dr. Axel Schroeder, informing them of his intention to resign from his position as a member of the Company's Board of Directors.
Simultaneously, MPC Capital AG has today notified the Company's Board of Directors of its decision to exercise its right to appoint Mr. Petros Panagiotidis to the Company's Board of Directors, in accordance with § 6 of the Company's Articles of Association.
The change of the Board of Directors comes as a result of MPC Münchmeyer Petersen & Co. GmbH, an indirect shareholder of the Company, today having agreed to sell 74.09% of its stake in MPC Capital AG to Thalvora Holdings GmbH. Dr. Axel Schroeder's resignation from the Company's Board of Directors and the appointment of Mr. Petros Panagiotidis will take effect upon the completion of this transaction, which is expected to occur in December 2024.
For further queries, please contact:
ir@mpc-container.com
About MPC Container Ships
MPC Container Ships ASA (ticker code "MPCC") is a leading container tonnage provider focusing on small to mid-size container ships. Its main activity is to own and operate a portfolio of container ships serving intra-regional trade lanes on fixed-rate charters. The Company is registered and has its business office in Oslo, Norway. For more information, please visit www.mpc-container.com.
The above information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.