Norway’s Gram Car Carriers, the world’s third-largest tonnage provider within the pure car truck carriers (PCTCs) segment, has issued a $100m equity private placement in connection with its listing on Euronext Growth.
This year’s first day of the listing is likely to occur on or around November 22, 2021. “Got the opportunity to introduce Gram Car Carriers ASA on økonominyhetene to Finansavisen TV this afternoon. It was a good discussion and a great opportunity to showcase an exciting investment. George Whist, CEO, Gram Car Carriers.
“We welcome new investors to our great company and have today announced a USD 100 Private Placement and intention to list the shares on Euronext Growth in Oslo. Focus on capital discipline and minimum 50% of net profit in Quarterly dividends fueled by the global electric vehicle shift and strong consumer demand for cars in the current post covid climate.”
