December 7 - Following announcements made in late November and early December, regarding revised share capital arrangements, Dockwise has announced that the share consolidation that became effective on 2 December 2009 has now settled.
The remaining 274,093 new common shares (pre-consolidation) in the subsequent offering have been paid and delivered. Compensation for rounding down of fractional shares to the closest whole number of common shares will be paid in due course.
The new issued and fully paid share capital of Dockwise Ltd is USD103,218,900, divided on 20,643,780 common shares, each with a par value of USD5.0.
Dockwise Ltd has also confirmed that the common shares are validly and legally issued, fully paid up and properly registered with the relevant register or equivalent body.