Posted on April 5, 2023
Seanergy Maritime Holdings Corp. (the “Company” or “Seanergy”) (NASDAQ: SHIP) announced today that its Chairman and CEO, Stamatis Tsantanis, has purchased 100,000 shares at an average price of $5.32, or approximately $532,000 worth of SHIP common stock, in the open market. In addition, the Company’s CFO, Stavros Gyftakis, has purchased 18,510 shares at an average price of $5.40, or approximately $100,000 worth of SHIP common stock, in the open market.
Stamatis Tsantanis, the Company’s Chairman & Chief Executive Officer, stated:
“Within two weeks after the announcement of our year-end results and my intention to purchase Seanergy shares in the open market, I have exceeded 50% of the targeted amount. This reflects our ongoing confidence in the Company and its ability to increase long-term shareholder value. Such confidence is further attested by the fact that I have never sold any of my SHIP common shares.
“With Capesize fleet growth at historically low levels and with demand for dry bulk commodities rebounding gradually, we believe there is a massive opportunity in front of us.
“We consider Seanergy to be very well positioned to benefit from the widely anticipated rebound in the sector and we remain laser-focused on returning capital to our shareholders while continuing to grow the Company in a sustainable manner.”
About Seanergy Maritime Holdings Corp.
Seanergy Maritime Holdings Corp. is the only pure-play Capesize ship-owner publicly listed in the U.S. Seanergy provides marine dry bulk transportation services through a modern fleet of Capesize vessels. The Company’s operating fleet consists of 16 Capesize vessels with an average age of approximately 12.14 years and aggregate cargo carrying capacity of approximately 2,846,965 dwt.
The Company is incorporated in the Marshall Islands and has executive offices in Glyfada, Greece. The Company’s common shares trade on the Nasdaq Capital Market under the symbol “SHIP”.
Please visit our company website at: www.seanergymaritime.com.
