This page is available in multiple languages
Select Language

Western Bulk Chartering lists on Euronext Growth

Back

NOK 130 million raised – market capitalisation of NOK 1,008 million.

Oslo – 20 September 2021 – Euronext today congratulates Western Bulk Chartering, on its listing on Euronext Growth (ticker code: WEST).

Western Bulk is a global major global operator in the Supramax/Ultramax and Handysize dry bulk shipping market with offices in Oslo, Singapore, Seattle, Santiago and Casablanca. The company matches cargo with vessels, chartering vessels from various vessel owners and transporting cargo for customers worldwide.

The admission and issue price of Western Bulk shares was set at NOK 30 per share. Market capitalisation was NOK 1,008 million on the day of listing. The offering raised NOK 130 million altogether.

With the listing of Western Bulk Chartering, 60 companies have been listed at Oslo Børs and Euronext Growth so far this year.

About Western Bulk Chartering Western Bulk is a major global operator in the Supramax/Ultramax and Handysize dry bulk shipping market with offices in Oslo, Singapore, Seattle, Santiago and Casablanca. We match cargo with vessels under all market conditions; chartering vessels from various vessel owners and transporting cargo for customers worldwide. We have an asset-light business model, combining advanced risk management, market data and analytics to optimise fleet deployment and vessel-cargo matching.

 

Press Release Footer

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 nearly 1,900 listed issuers and around €6.6 trillion in market capitalisation as of end December 2023, 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.  
For the latest news, follow us on Twitter (twitter.com/euronext) and LinkedIn (linkedin.com/euronext).

Disclaimer
This press release is for information purposes only and is not a recommendation to engage in investment activities. This press release is provided “as is” without representation or warranty of any kind. While all reasonable care has been taken to ensure the accuracy of the content, Euronext does not guarantee its accuracy or completeness. Euronext will not be held liable for any loss or damages of any nature ensuing from using, trusting or acting on information provided. No information set out or referred to in this publication may be regarded as creating any right or obligation. The creation of rights and obligations in respect of financial products that are traded on the exchanges operated by Euronext’s subsidiaries shall depend solely on the applicable rules of the market operator. All proprietary rights and interest in or connected with this publication shall vest in Euronext.

This press release speaks only as of this date. Euronext refers to Euronext N.V. and its affiliates. Information regarding trademarks and intellectual property rights of Euronext is located at www.euronext.com/terms-use.

© 2024, Euronext N.V. - All rights reserved.