Globus Maritime Announces Results of Annual Meeting of Shareholders

Rhea-AI Summary

On September 23, 2021, Globus Maritime Limited (NASDAQ: GLBS) held its annual meeting of shareholders in Glyfada, Greece. Key decisions included the election of Mr. Jeffrey O. Parry as Class II director until the 2024 Annual Meeting, and the appointment of Ernst & Young (Hellas) as independent auditors for the fiscal year ending December 31, 2021. Globus operates a fleet of eight dry bulk vessels with a total carrying capacity of 544,420 DWT, primarily transporting various dry bulk cargoes worldwide.

Positive

• Election of Mr. Jeffrey O. Parry as Class II director enhances governance.
• Appointment of Ernst & Young (Hellas) as independent auditors may improve financial oversight.

Negative

• None.

GLYFADA, Greece, Sept. 23, 2021 (GLOBE NEWSWIRE) -- Globus Maritime Limited (“Globus” or the “Company”), (NASDAQ: GLBS), a dry bulk shipping company, announced the results of its annual meeting of shareholders, held earlier today in Glyfada, Greece. The following proposals were approved and adopted at the meeting:

1. the election of Mr. Jeffrey O. Parry as Class II director of the Company, to serve until the 2024 Annual Meeting of Shareholders; and
   
   
2. the appointment of Ernst & Young (Hellas) Certified Auditors Accountants S.A., as the Company’s independent auditors for the fiscal year ending December 31, 2021.
   

About Globus Maritime Limited

Globus is an integrated dry bulk shipping company that provides marine transportation services worldwide and presently owns, operates and manages a fleet of eight dry bulk vessels that transport iron ore, coal, grain, steel products, cement, alumina and other dry bulk cargoes internationally. Globus’ subsidiaries own and operate eight vessels with a total carrying capacity of 544,420 DWT and a weighted average age of 10.4 years as of September 23, 2021.

Safe Harbor Statement

This communication contains “forward-looking statements” as defined under U.S. federal securities laws. Forward-looking statements provide the Company’s current expectations or forecasts of future events. Forward-looking statements include statements about the Company’s expectations, beliefs, plans, objectives, intentions, assumptions and other statements that are not historical facts or that are not present facts or conditions. Words or phrases such as “anticipate,” “believe,” “continue,” “estimate,” “expect,” “intend,” “may,” “ongoing,” “plan,” “potential,” “predict,” “project,” “will” or similar words or phrases, or the negatives of those words or phrases, may identify forward-looking statements, but the absence of these words does not necessarily mean that a statement is not forward-looking. Forward-looking statements are subject to known and unknown risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. The Company’s actual results could differ materially from those anticipated in forward-looking statements for many reasons specifically as described in the Company’s filings with the Securities and Exchange Commission. Accordingly, you should not unduly rely on these forward-looking statements, which speak only as of the date of this communication. Globus undertakes no obligation to publicly revise any forward-looking statement to reflect circumstances or events after the date of this communication or to reflect the occurrence of unanticipated events. You should, however, review the factors and risks Globus describes in the reports it files from time to time with the Securities and Exchange Commission.

For further information please contact:
Globus Maritime Limited	+30 210 960 8300
Athanasios Feidakis, CEO	a.g.feidakis@globusmaritime.gr
Capital Link – New York	+1 212 661 7566
Nicolas Bornozis	globus@capitallink.com

FAQ

What were the outcomes of the Globus Maritime Limited annual meeting on September 23, 2021?

During the annual meeting, Mr. Jeffrey O. Parry was elected as a Class II director, and Ernst & Young (Hellas) was appointed as independent auditors for the fiscal year ending December 31, 2021.

Who was elected as a director at Globus Maritime Limited's annual meeting?

Mr. Jeffrey O. Parry was elected as Class II director at the annual meeting.

Which firm was appointed as independent auditors for Globus Maritime Limited?

Ernst & Young (Hellas) was appointed as the independent auditors for the fiscal year ending December 31, 2021.

How many vessels does Globus Maritime Limited operate?

Globus Maritime Limited operates a fleet of eight dry bulk vessels.

What is the total carrying capacity of Globus Maritime Limited's fleet?

The total carrying capacity of Globus Maritime Limited's fleet is 544,420 DWT.