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Safe Bulkers Announces Annual Meeting of Stockholders

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Safe Bulkers announced an annual stockholders' meeting to be held on September 26, 2022, at the Fairmont Hotel in Monaco. Stockholders of record as of August 1, 2022, can vote at the meeting. The company provides marine drybulk transportation services, mainly transporting coal, grain, and iron ore worldwide. Safe Bulkers, trading under symbols SB, SB-PC, and SB-PD, will send formal notice and proxy statements to its stockholders.

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  • Scheduled annual meeting provides opportunity for shareholder engagement.
  • Stable business model as an international provider of marine drybulk transportation services.
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MONACO, July 12, 2022 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that its Board of Directors has called an annual meeting of the stockholders to be held on September 26, 2022, at 14:00 local time at the Fairmont Hotel, 12 Avenue des Spélugues, Monte Carlo, 98000 Monaco.

Stockholders of record at the close of business on August 1, 2022 will be entitled to receive notice of, and to vote at, the annual meeting, or any adjournments or postponements thereof.

Formal notice of the meeting and/or the Company’s proxy statement will be sent to stockholders of the Company in due course.

About Safe Bulkers, Inc.

The Company is an international provider of marine drybulk transportation services, transporting bulk cargoes, particularly coal, grain and iron ore, along worldwide shipping routes for some of the world’s largest users of marine drybulk transportation services. The Company’s common stock, series C preferred stock and series D preferred stock are listed on the NYSE, and trade under the symbols “SB”, “SB.PR.C” and “SB.PR.D” respectively.

Forward-Looking Statements

This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and in Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events, the Company’s growth strategy and measures to implement such strategy, including expected vessel acquisitions and entering into further time charters. Words such as “expects,” “intends,” “plans,” “believes,” “anticipates,” “hopes,” “estimates” and variations of such words and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, business disruptions due to natural disasters or other events, such as the recent COVID-19 pandemic, many of which are beyond the control of the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in the demand for drybulk vessels, competitive factors in the market in which the Company operates, risks associated with operations outside the United States and other factors listed from time to time in the Company’s filings with the Securities and Exchange Commission. The Company expressly disclaims any obligations or undertaking to release any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

For further information please contact:

Company Contact:
Dr. Loukas Barmparis
President
Safe Bulkers, Inc.
Tel.: +30 2 111 888 400
Fax: +30 2 111 888 500
E-Mail: directors@safebulkers.com

Investor Relations / Media Contact:
Nicolas Bornozis, President
Capital Link, Inc.
230 Park Avenue, Suite 1536
New York, N.Y. 10169
Tel.: (212) 661-7566
Fax: (212) 661-7526
E-Mail: safebulkers@capitallink.com


FAQ

When is Safe Bulkers' annual stockholders' meeting?

Safe Bulkers' annual stockholders' meeting is scheduled for September 26, 2022.

What is the record date for Safe Bulkers' annual meeting?

The record date for Safe Bulkers' annual meeting is August 1, 2022.

Where will the Safe Bulkers' annual meeting be held?

The annual meeting will be held at the Fairmont Hotel in Monaco.

What are the ticker symbols for Safe Bulkers' stocks?

Safe Bulkers' common stock, series C preferred stock, and series D preferred stock trade under symbols SB, SB-PC, and SB-PD respectively.

Safe Bulkers, Inc.

NYSE:SB

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Marine Shipping
Industrials
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United States of America
Monaco