Stainless Tankers – Admission to trading on Euronext Growth Oslo and publication of information document

27 Apr 2023 18:17 CEST

27 April 2023
Stainless Tankers – Admission to trading on Euronext Growth Oslo and publication
of information document

Following Stainless Tankers ASA’s (“Stainless Tankers” or the “Company”) recent
successful private placement of 13,400,000 new shares, the Company is pleased to
announce that on 26 April 2023 the Oslo Børs approved the Company’s application
for admission to trading of all of its 13,500,000 shares on Euronext Growth Oslo
(the “Admission”).

The first day of trading in the Company's shares will be tomorrow, 28 April
2023, under the ticker "STST" and the Company has prepared the attached
information document solely for use in connection with the Admission.

Alex Karakassis, Stainless Tankers CEO, said, “We are very pleased to deliver on
our commitment to list our company’s shares on Euronext Growth Oslo, which will
provide our shareholders and new investors with a more liquid market for trading
in our shares.”

Andrew Hampson, Tufton CEO, said, “Tufton, as a key sponsor of Stainless
Tankers, are very excited by this move to Euronext Growth Oslo and look forward
to continuing to support the Company and the dedicated management team.”

Fearnley Securities AS acted as Euronext Growth Advisor and Advokatfirmaet
Simonsen Vogt Wiig AS acted as legal counsel to the Company in connection with
the Admission.

For more information, please contact:

Alex Karakassis, CEO
E-mail: alex.karakassis@tufton.com

Erol Sarikaya, CFO
E-mail: erol.sarikaya@tufton.com


About Stainless Tankers ASA | www.stainlesstankers.com

Stainless Tankers ASA is a shipping company specialized in providing seaborne
transportation of chemical cargoes worldwide. The Company provides investors
with pure-play stainless steel chemical tanker exposure in an investor friendly
structure through its fleet of seven stainless steel vessels, each with an
approximate total carrying capacity of 20,000dwt. The fleet is managed by Tufton
Management Limited, with a primary focus on maximizing earnings and distributing
excess operating cashflow to shareholders.

About Tufton

Tufton is a leading investment manager focused on the shipping industry, with
c.$1.0 bn of assets under management across a number of funds, including
London-listed Tufton Oceanic Assets Limited (SHIP.L) and Euronext Growth Oslo
listed Stainless Tankers ASA (STST).

More information:
Access the news on Oslo Bors NewsWeb site

588849_2023-04-27 Stainless Tankers ASA - Information Document.pdf
588849_2023-04-27 Stainless tankers ASA - news release.pdf