Costamare Inc. Announces Costamare Bulkers Holdings Limited Virtual Analyst And Investor Day April 9
Costamare Inc. (NYSE:CMRE) has announced a virtual Analyst and Investor Day for Costamare Bulkers Holdings scheduled for April 9th, 2025 at 9:00 a.m. EDT. The event will showcase the incoming management team of Costamare Bulkers, the new entity that will hold CMRE's owned dry bulk vessels and CBI operating platform following the company's planned spin-off.
The presentation will be led by Gregory Zikos, who will serve as CEO of Costamare Bulkers while maintaining his role as CFO of Costamare Inc. The management team, including Chief Commercial Officer Jens Jacobsen and CFO Dimitris Pagratis, will discuss the company's core business, operations, investment highlights, and strategic outlook, followed by a Q&A session. The event will be accessible via webcast through Costamare's website.
Costamare Inc. (NYSE:CMRE) ha annunciato un evento virtuale per Analisti e Investitori per Costamare Bulkers Holdings, programmato per il 9 aprile 2025 alle 9:00 EDT. L'evento presenterà il nuovo team di gestione di Costamare Bulkers, la nuova entità che gestirà le navi a secco di proprietà di CMRE e la piattaforma operativa CBI a seguito della prevista scissione dell'azienda.
La presentazione sarà guidata da Gregory Zikos, che assumerà il ruolo di CEO di Costamare Bulkers mantenendo anche la sua posizione di CFO di Costamare Inc. Il team di gestione, inclusi il Chief Commercial Officer Jens Jacobsen e il CFO Dimitris Pagratis, discuterà del core business dell'azienda, delle operazioni, dei punti salienti degli investimenti e delle prospettive strategiche, seguita da una sessione di domande e risposte. L'evento sarà accessibile tramite webcast attraverso il sito web di Costamare.
Costamare Inc. (NYSE:CMRE) ha anunciado un evento virtual para Analistas e Inversores para Costamare Bulkers Holdings, programado para el 9 de abril de 2025 a las 9:00 a.m. EDT. El evento presentará al nuevo equipo de gestión de Costamare Bulkers, la nueva entidad que gestionará los buques de carga a granel de propiedad de CMRE y la plataforma operativa CBI tras la escisión planificada de la empresa.
La presentación será liderada por Gregory Zikos, quien será el CEO de Costamare Bulkers mientras mantiene su rol como CFO de Costamare Inc. El equipo de gestión, que incluye al Director Comercial Jens Jacobsen y al CFO Dimitris Pagratis, discutirá el negocio principal de la empresa, las operaciones, los aspectos destacados de las inversiones y las perspectivas estratégicas, seguido de una sesión de preguntas y respuestas. El evento será accesible a través de un webcast en el sitio web de Costamare.
Costamare Inc. (NYSE:CMRE)는 Costamare Bulkers Holdings를 위한 가상 애널리스트 및 투자자 데이를 2025년 4월 9일 오전 9:00 EDT로 예정했다고 발표했습니다. 이 행사는 CMRE가 소유한 건화물 선박과 회사의 계획된 분할에 따라 CBI 운영 플랫폼을 보유할 새로운 법인인 Costamare Bulkers의 새로운 관리 팀을 소개할 것입니다.
발표는 Gregory Zikos가 주도하며, 그는 Costamare Bulkers의 CEO로 활동하면서 Costamare Inc.의 CFO 역할도 계속 유지합니다. 경영진 팀은 상업 담당 최고 책임자 Jens Jacobsen과 CFO Dimitris Pagratis를 포함하여 회사의 핵심 사업, 운영, 투자 하이라이트 및 전략적 전망에 대해 논의하고, 이어서 질의응답 시간을 가질 것입니다. 이 행사는 Costamare의 웹사이트를 통해 웹캐스트를 통해 접근할 수 있습니다.
Costamare Inc. (NYSE:CMRE) a annoncé une journée virtuelle pour les analystes et investisseurs pour Costamare Bulkers Holdings, prévue pour le 9 avril 2025 à 9h00 EDT. L'événement présentera la nouvelle équipe de direction de Costamare Bulkers, la nouvelle entité qui détiendra les navires de vrac secs appartenant à CMRE et la plateforme opérationnelle CBI suite à la scission prévue de l'entreprise.
La présentation sera dirigée par Gregory Zikos, qui sera le PDG de Costamare Bulkers tout en conservant son rôle de CFO de Costamare Inc. L'équipe de direction, y compris le directeur commercial Jens Jacobsen et le CFO Dimitris Pagratis, discutera des activités principales de l'entreprise, des opérations, des points forts des investissements et des perspectives stratégiques, suivie d'une session de questions-réponses. L'événement sera accessible via un webinaire sur le site web de Costamare.
Costamare Inc. (NYSE:CMRE) hat einen virtuellen Analysten- und Investoren-Tag für Costamare Bulkers Holdings angekündigt, der für den 9. April 2025 um 9:00 Uhr EDT geplant ist. Die Veranstaltung wird das neue Management-Team von Costamare Bulkers vorstellen, der neuen Einheit, die die im Besitz von CMRE befindlichen Schüttgutfrachter und die CBI-Betriebsplattform nach der geplanten Abspaltung des Unternehmens halten wird.
Die Präsentation wird von Gregory Zikos geleitet, der als CEO von Costamare Bulkers fungieren wird, während er weiterhin die Rolle des CFO von Costamare Inc. innehat. Das Management-Team, einschließlich des Chief Commercial Officer Jens Jacobsen und des CFO Dimitris Pagratis, wird über das Kerngeschäft des Unternehmens, die Abläufe, die Investitionshighlights und die strategischen Perspektiven sprechen, gefolgt von einer Fragerunde. Die Veranstaltung wird über einen Webcast auf der Website von Costamare zugänglich sein.
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MONACO, March 31, 2025 (GLOBE NEWSWIRE) -- Costamare Inc. (NYSE:CMRE) (the “Company”) today announced that the incoming management team of Costamare Bulkers Holdings Limited (“Costamare Bulkers”) will host a virtual Analyst and Investor Day on Wednesday April 9th, 2025, at 9:00 a.m. Eastern Daylight Time. Costamare Bulkers is the new company that will hold Costamare Inc.’s owned dry bulk vessels and the CBI operating platform upon completion of Costamare Inc.’s previously announced spin-off of its dry bulk business. The Costamare Bulkers presenting team will be led by Gregory Zikos serving as Chief Executive Officer, in addition to his role as Chief Financial Officer of Costamare Inc.
The Analyst and Investor Day agenda will include management’s discussion of Costamare Bulkers’ core business and operations, investment highlights, and strategic outlook, as well as a Q&A session. Presenting on behalf of Costamare Bulkers will be:
- Gregory Zikos, Chief Executive Officer and Member of the Board of Directors of Costamare Bulkers
- Jens Jacobsen, Chief Commercial Officer and Member of the Board of Directors of Costamare Bulkers
- Dimitris Pagratis, Chief Financial Officer
Investor Day Webcast Details
Interested parties can access Costamare Bulkers’ Analyst and Investor Day webcast on the day of the event through the Costamare Inc. website (www.costamare.com).
About the Costamare Bulkers Spin-Off
Costamare Inc. intends to spin-off the Company’s dry bulk business into a standalone company, Costamare Bulkers. The Costamare Inc. board believes the proposed separation will unlock the inherent value within the two companies, which have unique growth prospects and investment opportunities.
Shares of Costamare Bulkers are expected to be listed on the New York Stock Exchange. Costamare Inc. is targeting to complete the spin-off as soon as practicable this calendar year, subject to various conditions, including regulatory approvals and obtaining the final approval of the Costamare Inc. board of directors. However, there can be no assurance that a separation transaction will occur, or if one does occur, of its terms or timing.
About Costamare Inc.
Costamare Inc. is one of the world’s leading owners and providers of containerships and dry bulk vessels for charter. The Company has 51 years of history in the international shipping industry and a fleet of 68 owned containerships, with a total capacity of approximately 513,000 TEU and 38 owned dry bulk vessels with a total capacity of approximately 3,016,000 DWT (including one vessel that we have agreed to sell). The Company also has a dry bulk operating platform (CBI) which charters in/out dry bulk vessels, enters into contracts of affreightment, forward freight agreements and may also utilize hedging solutions. The Company participates in a leasing business. The Company’s common stock, Series B Preferred Stock, Series C Preferred Stock and Series D Preferred Stock trade on the New York Stock Exchange under the symbols “CMRE”, “CMRE PR B”, “CMRE PR C” and “CMRE PR D”, respectively.
Forward-Looking Statements
This press release contains “forward-looking statements”. In some cases, you can identify these statements by forward-looking words such as “believe”, “intend”, “anticipate”, “estimate”, “project”, “forecast”, “plan”, “potential”, “may”, “should”, “could” and “expect” and similar expressions, or by express or implied discussions regarding the potential completion of the announced spin-off of Costamare Bulkers, regarding whether the announced spin-off is in the best interests of shareholders, regarding the future commercial performance of Costamare Inc. or Costamare Bulkers, or regarding any potential strategic benefits, synergies or opportunities as a result of these actions. You should not place undue reliance on these statements. These statements are not historical facts but instead represent only the Company’s beliefs regarding future results, many of which, by their nature, are inherently uncertain and outside of the Company’s control. It is possible that actual results may differ, possibly materially, from those anticipated in these forward-looking statements. There can be no guarantee that the proposed transaction will be completed in the expected form or within the expected time frame or at all. Nor can there be any guarantee that Costamare Inc. or a separate dry bulk business will be able to realize any of the potential strategic benefits, synergies or opportunities as a result of these actions, that shareholders will achieve any particular level of shareholder returns or that the spin-off of Costamare Bulkers will be in the best interests of shareholders. For a discussion of some of the risks and important factors that could affect future results, see the discussion in the Company’s Annual Report on Form 20-F (File No. 001-34934).
Company Contacts:
Gregory Zikos - Chief Financial Officer
Konstantinos Tsakalidis - Business Development
Costamare Inc., Monaco
Tel: (+377) 93 25 09 40
Email: ir@costamare.com
FAQ
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