Mandatory notification of trade

ADS Crude Carriers Plc (“ADS” or the “Company”) announces that the following Primary Insider has acquired shares in the Company through a related party on 26 August 2019:

Ben Boiling, Chief Financial Officer of ADS: 3,000 shares at an average price of NOK 18.90 per share.  Following the transaction, Mr. Boiling owns 3,000 shares in ADS.

Contacts

Terje Bodin Larsen, CEO
+47 905 35 543
tbl@ads.no

Dagfinn Andersen, CFO
+47 922 91 001
dagfinn.andersen@ads.no

Disclaimer:

Forward looking statements

The information included herein may contain forward looking statements. Forward looking statements include all statements that are not historical facts, including but not limited to statements expressing or implying the Company’s intent, belief or current expectations with respect to, among other things, forecasts, estimates, and predictions. Such forward looking statements necessarily involve risks and uncertainties and are dependent on assumptions, information, data or methods that may be incorrect or imprecise. Actual results could differ materially from expectations expressed in the forward-looking statements if one or more of the underlying assumptions or expectations proves to be inaccurate or is unrealized. Actual results may differ materially from those expected or projected in the forward-looking statements. The Company undertakes no responsibility or obligation to update or alter forward-looking statements for any reason.