HAFNIA LIMITED: Exercise of Options by a Primary Insider

Rhea-AI Summary

On July 8, 2024, Hafnia 's CFO Perry Van Echtelt exercised vested options under the 2022 LTIP program. The options will be settled by transferring treasury shares to him, leaving Hafnia with 502,358 treasury shares. This notification complies with EU Market Abuse Regulation and Norwegian Securities Trading Act requirements. Hafnia, a leading tanker owner, operates over 200 vessels, transporting oil and chemicals globally. The company is part of the BW Group and employs over 4000 staff.

Positive

• CFO exercised vested options under the 2022 LTIP program.
• The company will retain 502,358 treasury shares after the transaction.
• Compliance with EU Market Abuse Regulation and Norwegian Securities Trading Act.

Negative

• No immediate financial impact or business development details provided.

SINGAPORE--(BUSINESS WIRE)-- On 8 July 2024, Perry Van Echtelt, CFO and primary insider of Hafnia Limited ("Hafnia", the "Company", OSE ticker code: "HAFNI", NYSE ticker code: “HAFN”), exercised vested options granted under the Company’s "LTIP 2022" program. The exercised options will be settled by the Company by transfer of treasury shares.

Following delivery of the shares for the exercised options, the Company will hold 502,358 treasury shares.

For more information see the attached mandatory notification of trade.

This information is subject to the disclosure requirements pursuant to article 19 of the EU Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading Act.

About Hafnia Limited:

Hafnia is one of the world's leading tanker owners, transporting oil, oil products and chemicals for major national and international oil companies, chemical companies, as well as trading and utility companies.

As owners and operators of over 200 vessels, we offer a fully integrated shipping platform, including technical management, commercial and chartering services, pool management, and a large-scale bunker desk. Hafnia has offices in Singapore, Copenhagen, Houston, and Dubai and currently employs over 4000 employees onshore and at sea.

Hafnia is part of the BW Group, an international shipping group involved in oil and gas transportation, floating gas infrastructure, environmental technologies, and deep-water production for over 80 years.

Notification of transactions by Primary Insiders and Close Associates

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Perry Van Echtelt
2	Reason for the notification
a)	Position/status	Chief Financial Officer
b)	Initial notification/Amendment	Initial notification
3	Details of issuer
a)	Name	Hafnia Limited
b)	LEI	5493001KCFT0SCGJ2647
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Options related to shares in Hafnia Limited (ISIN: BMG4233B1090) as underlying.
b)	Nature of the transaction	02381
c)	Price(s) and volume(s)	Price	Volume
		NOK 0.702381	559,588
d)	Aggregated information	- Aggregated volume: 159,588
	— Aggregated volume	- Price: NOK 0.702381
	— Price	- Total amount: NOK 0.702381
e)	Date of the transaction	08.07.2024
f)	Place of the transaction	Outside a trading venue

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20240708830232/en/

For further information:

Mikael Skov

CEO Hafnia Limited

+65 8533 8900

Source: Hafnia Limited

FAQ

What did Hafnia announce on July 8, 2024?

Hafnia announced that its CFO Perry Van Echtelt exercised options under the 2022 LTIP program.

How many treasury shares will Hafnia hold after the option exercise by its CFO?

Hafnia will hold 502,358 treasury shares after the option exercise.

Under which regulatory requirements did Hafnia make the recent announcement?

The announcement was made under the EU Market Abuse Regulation and Norwegian Securities Trading Act.

What is the stock ticker for Hafnia ?

Hafnia 's stock ticker is 'HAFNI' on the OSE and 'HAFN' on the NYSE.

Who is Perry Van Echtelt?

Perry Van Echtelt is the Chief Financial Officer of Hafnia