Söndag 13 September | 12:58:13 Europe / Stockholm

STAR BULK PROVIDES DETAILS ON THE DELISTING PROCESS FROM OSLO BØRS, DEREGISTRATION FROM THE VPS AND CONTI ...(Note: This headline has been truncated)

2020-06-18 10:46:16
ATHENS, GREECE, June 18, 2020 – Star Bulk Carriers Corp. (the "Company" or "Star
Bulk") (Nasdaq: SBLK, Oslo: SBLK), refers to the press release of June 4, 2020
announcing the delisting of the Company’s common shares from the Oslo Børs 
(“OSE”). The last day of trading on the Oslo Børs will be July 31, 2020 and the
delisting will take effect as from August 3, 2020. The Company’s common shares
will continue to trade on the Nasdaq Global Select Market (“Nasdaq”) under the
symbol “SBLK”.

As a result of the delisting from OSE, the Company will also terminate the
registration of its common shares with the Norwegian Central Securities
Depository (“VPS”). The termination will take effect following a transitional
period, of approximately nine months, from the time of delisting (the
“Transitional Period”).  Star Bulk shareholders that currently have their shares
registered in the VPS, whether individuals, entities, brokers or custodians, may
elect to transfer their shareholdings to the United States prior to the
expiration of the Transitional Period, to facilitate trading on Nasdaq. Such
shareholdings may be held through a U.S. broker dealer or recorded directly in
the shareholder’s name on the Company’s share register maintained by the
Company’s transfer agent, American Stock Transfer and Trust Company (“AST”). In
order to complete this transfer, shareholders should contact their broker or
custodian directly. 

Any Star Bulk shareholders who still have shares registered in the VPS, as of 3
August 2020, will receive a letter with further information on the
deregistration of the Company’s shares from the VPS.  
 
Shares  that have not been transferred (as described above) prior to the
expiration of the Transitional Period, will be automatically removed from the
VPS, on or about April 30, 2021, and be recorded in book entry form directly in
the shareholder’s name (as per the VPS listed information) on the Company’s
share register maintained by AST. A statement, relating to each such
shareholder’s account, will be generated and mailed by AST. Additional
information may be required from AST.

All shareholders currently holding the Company’s shares through the VPS are
encouraged to contact their broker or custodian to transfer their common shares,
to be held through a U.S. broker dealer or AST, as soon as possible and prior to
the expiration of the Transitional Period and the termination of the Company’s
VPS register.