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Himalaya Shipping lists on Euronext Growth Oslo

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  • Market capitalisation of approximately NOK 1.76 billion
  • 207th listing on Euronext markets and the 68th on Oslo Børs markets in 2021

 

Oslo – 22 December 2021 – Oslo Børs, part of the Euronext Group, today congratulates Himalaya Shipping on its listing on Euronext Growth Oslo (ticker: HSHIP). This is the 68th listing on Oslo Børs markets so far this year, and the 60th on Euronext Growth Oslo.

The company is an independent bulk carrier company that is a new player in the dry bulk market, with 12 dual fuel Newcastlemax dry bulk vessels currently under construction at New Times Shipbuilding in China. The vessels will deliver fuel efficiency and lower emissions, and they are prepared for next generation fuels.

At opening, the share price of Himalaya Shipping was set at NOK 55 per share based on its closing price on the Euronext NOTC market for unlisted shares on 21 December. This corresponds to a total estimated value of the company of approximately NOK 1.76 billion.

Bjørn Isaksen, Himalaya Shipping’s director, said: “We are excited to be admitted to trading on Euronext Growth, as we continue developing our business and contributing to reducing the environmental footprint of the shipping industry with our state of the art dual fuel Newcastlemax vessels. Our vessels have been well received in the chartering market, and we are looking forward to completing our newbuilding programme and realising our strategies together with our investors.”

 

 

About Himalaya Shipping

Himalaya Shipping Ltd. is an independent bulk carrier company, incorporated in Bermuda. The company has ordered 12 LNG dual fuelled Newcastlemax dry bulk carriers with delivery between Q2 2023 and Q4 2024.

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About Euronext 
Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With close to 2,000 listed equity issuers and around €6.9 trillion in market capitalisation as of end December 2021, it has an unmatched blue chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs. Euronext provides custody and settlement services through central securities depositories in Denmark, Italy, Norway and Portugal. 
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