‘2020 Bulkers is fully committed to its shareholders’

We intend to provide comprehensive and fully updated information to our investors and analysts.

Financial calendar

FINANCIAL YEAR 2019

13.03.2020 – Annual Report

11.02.2020 – Quarterly Report – Q4

FINANCIAL YEAR 2020

23.07.2020 – Half-yearly Report

11.03.2021 – Annual Report

28.05.2020 – Annual General Meeting

30.04.2020 – Quarterly Report – Q1

22.10.2020 – Quarterly Report – Q3

28.01.2021 – Quarterly Report – Q4

Prospectuses

Prospectus 3 July 2019

2020 Bulkers Ltd.
Prospectus dated 3 July 2019 – tax note

Please note that due to an error, as the company is tax resident in Bermuda, the prospectus chapters 16.4.1 and 16.4.2 contain incorrect omissions as revised below:

  • Norwegian personal shareholders are not entitled to hold the shares through a Norwegian share saving account (Nw.: aksjesparekonto), opposed to the description in the prospectus section 16.4.2.

As the company is tax resident in Bermuda (which for Norwegian tax purposes is deemed a “low-tax jurisdiction” and outside of the EEA), it does not qualify as an “object” under the Norwegian tax exemption method (Nw. fritaksmetoden) for Norwegian corporate shareholders, consequently: (i) any dividends on the shares distributed to a Norwegian corporate shareholder will be taxed as ordinary income at a rate of 22% (2019), opposed to the description in the prospectus section 16.4.1; and (ii) any capital gains derived from the realization of shares will be taxed at a rate of 22% (2019), and losses upon the realization and costs incurred in connection with the purchase and realization of such shares will for tax purpose be deductible at a rate of 22% (2019), opposed to the description in the prospectus section 16.4.2.

General meetings

Company news

IR contact

Magnus Halvorsen, CEO

mh@2020bulkers.com
Phone: +47 920 20 111

Analyst Coverage

Clarksons Platou Securities

Frode Mørkedal
Managing Director | Research
T: +47 22 01 63 27 | M: +47 99 70 46 33
Email: Frode.Morkedal@clarksons.com

Fearnley Securities AS

Espen Landmark Fjermestad
Analyst | Shipping | Partner
T: +47 22 93 64 84 | M: +47 95 20 44 93
Email: elf@fearnleys.no

BTIG

Gregory Lewis
CFA | Managing Director
T: +1 212 588 6543 | M: +1 302 561 0263
Email: glewis@btig.com

SEB

Ole G. Stenhagen
Analyst
T: +47 21 00 85 27
Email: ole.g.stenhagen@seb.no

Sparebank 1

Kristoffer Robin Vinter

T: +47 24 13 37 46
Email: crv@sb1markets.no

Cleaves Securities AS

Joakim Hannisdahl
Head of Research

T: +47 21 04 00 59
Email: jh@cleaves.no

Registrar and auditor

Registrar
DNB Bank ASA, Global Companies Registrars Section
Postal address: Postboks 1600 Sentrum | 0021 Oslo | Norway
Visiting address: Dronning Eufemias gate 30 | 0191 Oslo | Norway

Contact details
Sten Sundby
Officer in charge
Dir: +47 23 26 80 16
Email: sten.sundby@dnb.no | www.dnb.no

Auditor
PricewaterhouseCoopers
www.pwc.com