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DHT announces the mandatory exchange of its series a participating preferred stock into shares of its common stock
DHT Holdings, Inc. (NYSE: DHT) ("DHT") announced that, pursuant to the Certificate of Designation of the Series A Participating Preferred Stock of DHT dated May 1, 2012 (as amended or otherwise modified from time to time), each share of Series A Participating Preferred Stock of DHT, par value $0.01 per share, automatically and without any action on the part of the respective holders thereof, was exchanged (the "Mandatory Exchange") for seventeen (17) shares of the DHT's common stock, par value $0.01 per share ("Common Stock"), on June 30, 2013. As a result of the Mandatory Exchange, the number of shares of Common Stock outstanding is 15,490,607, all of which are trading on the New York Stock Exchange under the symbol DHT.
Source: DHT Holdings, Inc.
Source: DHT Holdings, Inc.
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