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Saga Tankers ASA (SAGT.OL)

SAGT.OL on Oslo Stock Exchange

3.18NOK
29 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Saga Tankers Q4 operating loss narrows to NOK 1.0 million
Tuesday, 28 Feb 2017 02:00am EST 

Saga Tankers ASA : Q4 operating revenue 4.5 million Norwegian crowns ($538,052) versus 6.3 million crowns year ago .Q4 operating loss 1.0 million crowns versus loss 17.1 million crowns year ago.  Full Article

Saga Tankers Q2 operating profit up at NOK 105.3 million
Tuesday, 30 Aug 2016 01:46am EDT 

Saga Tankers ASA : Q2 operating revenue 110.9 million Norwegian crowns ($13.39 million) versus 71.8 million crowns year ago .Q2 operating profit 105.3 million crowns versus 34.2 million crowns year ago.  Full Article

Saga Tankers Q1 EBITDA rises to NOK 11.0 million
Friday, 27 May 2016 02:30am EDT 

Saga Tankers ASA : Q1 EBITDA 11.0 million Norwegian crowns ($1.3 million) versus 7.8 million crowns year ago .Q1 operating revenue 16.5 million crowns versus 8.5 million crowns year ago.  Full Article

Glen Ole Rødland cuts stake in Saga Tankers
Tuesday, 23 Feb 2016 07:39am EST 

Saga Tankers ASA:‍Says companies controlled by Glen Ole Rødland, Gross Management AS and Ricin Invest AS, have on Feb. 23 sold 14,246,420 Saga Tankers shares at 2.47​ Norwegian crowns.Following transaction Glen Ole Rødland's combined holding in Saga Tankers has dropped below 10 pct to 4,882,780 shares, corresponding to 5.19 pct​.  Full Article

Preliminary results of mandatory offer for S.D. Standard Drilling made by Saga Tankers
Thursday, 16 Jul 2015 02:19am EDT 

SD Standard Drilling Plc:Preliminary results of mandatory offer for S.D. Standard Drilling (SDSD).Saga Tankers ASA (Offeror) has received acceptance of mandatory offer for a total of 22,555,800 shares, representing about 8.61 pct of outstanding shares and votes in SDSD.Offeror and persons acting in concert with it now owns and holds rights to a total of 179,569,430 shares, representing about 68.54 percent of shares and voting rights in SDSD.Says settlement of mandatory offer will be made as soon as possible, and no later than July 29, 2015.  Full Article

Saga Tankers receives acceptances to acquire SD Standard Drilling
Monday, 13 Jul 2015 10:40am EDT 

SD Standard Drilling Plc:Saga Tankers has received acceptances under mandatory offer representing in aggregate 2,000 shares in SD Standard Drilling PLC (SDSD).Saga Tankers and persons acting in concert with Saga owns 157,013,630 SDSD shares and has a right and an obligation to acquire a total of 21,977,516 SDSD shares upon consummation of mandatory offer.  Full Article

Saga Tankers announces cash tender offer to acquire SD Standard Drilling
Wednesday, 17 Jun 2015 02:45am EDT 

SD Standard Drilling Plc:Mandatory cash offer from Saga Tankers ASA to acquire 100 pct of shares of S.D. Standard Drilling PLC.Says announces a cash tender offer to acquire all issued and outstanding shares in SDSD not already owned by offeror or persons acting in concert with offeror.Says offeror is offering a consideration of 1.35 Norwegian crowns per share payable in cash.Says offer price values SDSD at a market capitalization of 353,700,000 crowns.  Full Article

Saga Tankers ASA completes merger between Saga Invest Holding and Strata Marine & Offshore
Thursday, 4 Jun 2015 10:38am EDT 

Saga Tankers ASA:Completion of merger between Saga Invest Holding AS And Strata Marine & Offshore AS.  Full Article

Saga Tankers expects Strata merger to close in early June
Wednesday, 20 May 2015 11:38am EDT 

Saga Tankers ASA:Update on merger between Strata Marine & Offshore as and Saga Invest Holding AS.Saga expects merger to be completed beginning of June 2015.  Full Article

Saga Tankers: mandatory offer obligation for remaining shares in S.D Standard Drilling
Wednesday, 20 May 2015 09:55am EDT 

Saga Tankers ASA:Has purchased 78,338,000 shares in S.D Standard Drilling Plc (SDSD) at a price of 1.35 Norwegian crowns per share corresponding to a total purchase price of 105,756,300 crowns.Acquisition thereby implies that Saga Tankers ASA triggers a mandatory offer obligation for purchase of remaining shares in SDSD.  Full Article

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