DHT Holdings Secures Cash for Fleet Expansion

DHT Holdings, Inc. announced on Wednesday the closing of its previously announced registered direct offering of 30,300,000 shares of its common stock at a price of $7.50 per share.

DHT received net proceeds of approximately $217.0 million after the payment of placement agent fees.  DHT intends to use the net proceeds to fund the expansion of its fleet, its pending vessel acquisitions and shipbuilding contracts and for other general corporate purposes.

 DHT’s common shares trade on the New York Stock Exchange under the symbol “DHT”.

 RS Platou Markets, Inc. and DNB Markets, Inc. acted as joint lead managers and placement agents, and RS Platou Markets AS acted as placement agent.

DHT is an independent crude oil tanker company, operating a fleet of crude oil tankers in the VLCC, Aframax and Suezmax segments.

Press Release, February 7, 2014

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Posted on February 7, 2014

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