ADS Crude Carriers Plc appoints CFO

Ben Boiling is appointed as CFO and will commence at ADS Crude Carriers Plc on 1 January 2019. Mr. Boiling is a Chartered Accountant with over 15 years’ experience in finance and audit roles internationally and comes from the position of Head of Finance at Oslo-listed Polarcus. Mr. Boiling holds a Masters degree in Accounting and Finance from Manchester Metropolitan University and a Bachelor degree in Applied Accounting from Oxford Brookes University. Mr. Boiling is also a Norwegian state registered auditor.

Dagfinn Andersen, who has acted as the company’s CFO since its formation earlier this year, will continue his work for privately owned Arendals Dampskibsselskab AS.

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.