DHT Holdings, Inc. to Offer Shares of Common Stock
ST. HELIER, Channel Islands, Feb 03, 2011 (BUSINESS WIRE)
DHT Holdings, Inc. (NYSE:DHT) (the "Company") announced today that it plans to offer approximately 8,000,000 shares of its common stock in an underwritten public offering, subject to market conditions. In connection with the offering, the Company expects to grant the underwriters an option to purchase up to 1,200,000 additional shares of the Company's common stock to cover overallotments, if any.
UBS Investment Bank, BofA Merrill Lynch and Citi will act as joint bookrunning managers of the offering. Dahlman Rose & Company will act as co-manager of the offering and Carnegie will act as sales agent in Scandinavia for the offering.
A registration statement relating to the securities described herein has been filed with the Securities and Exchange Commission and is effective. This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. This offering may be made only by means of a prospectus supplement and an accompanying base prospectus.
When available, copies of the prospectus supplement and accompanying base prospectus related to this offering may be obtained from UBS Investment Bank, Attn: Prospectus Department, 299 Park Avenue, New York, NY 10171, (888) 827-7275, or from BofA Merrill Lynch, 4 World Financial Center, New York, NY 10080, Attn: Prospectus Department, or email dg.prospectus_requests@baml.com, or from Citi, Brooklyn Army Terminal, 140 58th Street, 8th Floor, Brooklyn, NY 11220, (800) 831-9146, or email batprospectusdept@citi.com.
About DHT Holdings, Inc.
DHT Holdings, Inc. operates a fleet of double-hull crude oil tankers. The Company's fleet currently consists of three very large crude carriers, which are tankers ranging in size from 200,000 to 320,000 deadweight tons, or "dwt," two Suezmax tankers, which are tankers ranging in size from 130,000 to 170,000 dwt, and four Aframax tankers, which are tankers ranging in size from 80,000 to 120,000 dwt. The Company's fleet principally operates on international routes and had a combined carrying capacity of 1,656,921 dwt and an average age of 11 years as of February 3, 2011.
DHT Holdings, Inc. press release