Okeanis Eco Tankers Corp. – Completion and pricing of USD 130 million offering of new common shares

Core Viewpoint - Okeanis Eco Tankers Corp. has successfully priced an offering of 3,611,111 new shares at USD 36.00 per share, raising approximately USD 130 million for vessel acquisitions and general corporate purposes [1][2]. Group 1: Offering Details - The offering consists of 3,611,111 new shares priced at USD 36.00 each, raising gross proceeds of about USD 130 million [1]. - The net proceeds will be partially used for acquiring two newbuilding Suezmax vessels, each priced at USD 99.3 million, currently under construction [2]. - The vessels are expected to be delivered in the second quarter of 2026, contingent upon obtaining necessary debt financing [2]. Group 2: Allocation and Trading - Notification of allocation is expected on January 21, 2026, around 13:00 CET [3]. - The offering is anticipated to be completed by January 23, 2026, with shares available for trading on the New York Stock Exchange post-settlement [4]. Group 3: Compliance and Registration - The offering complies with the equal treatment obligations under the Norwegian Securities Trading Act [5]. - It is made pursuant to the Company's shelf registration statement declared effective by the SEC on May 21, 2025 [6]. Group 4: Company Overview - Okeanis Eco Tankers Corp. is a leading international tanker company providing seaborne transportation of crude oil and refined products, incorporated in 2018 and listed on both the Oslo Stock Exchange and the New York Stock Exchange [12].