DHT Holdings, Inc. Announces Receipt of NYSE Notice of Non-Compliance
ST. HELIER, CHANNEL ISLANDS -- (Marketwire) -- 04/25/12 -- DHT
Holdings, Inc. (NYSE: DHT) ("DHT" or the "Company") today announced:
On April 24, 2012, DHT received notice from the New York Stock
Exchange (the "NYSE") that the Company is no longer in compliance
with the NYSE's continued listing standards because the average
closing price of the Company's common stock was less than $1.00 per
share over a consecutive 30 trading-day period.
Pursuant to the NYSE's rules, the Company has a six-month cure period
receipt of the NYSE notice to bring its share price and
average share price above $1.00.
Forward Looking Statements
This press release contains assumptions, expectations, projections,
intentions and beliefs about future events, in particular regarding
daily charter rates, vessel utilization, the future number of
newbuilding deliveries, oil prices and
seasonal fluctuations in
vessel supply and demand. When used in this document, words such as
"believe," "intend," "anticipate," "estimate," "project," "forecast,"
"plan," "potential," "will," "may," "should" and "expect" and similar
expressions are intended to identify forward-looking statements but
not the exclusive means of identifying such statements. These
the Company's current views with respect to future
events and are based on assumptions and subject to risks and
uncertainties. Given these uncertainties, you should not place undue
reliance on these forward-looking statements. These forward-looking
statements represent the Company's estimates and assumptions only as
of the date of this press release and are not intended to give any
assurance as to future results. For a detailed discussion of the risk
factors that might cause future results to differ, please refer to the
Report on Form 20-F, filed with the Securities and
Exchange Commission on March
The Company undertakes no obligation to publicly update or revise any
forward- looking statements contained in this press release, whether
as a result of new information, future events or otherwise, except as
required by law. In light of
these risks, uncertainties and
assumptions, the forward-looking events discussed
in this press
release might not occur, and the Company's actual results could
differ materially from those anticipated in these forward-looking
Source: DHT Holdings, Inc.
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Source: DHT Holdings, Inc. via Thomson Reuters ONE [HUG#1605796]
DHT Holdings, Inc.
Phone: +44 1534 639 759
and +47 412 92 712
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