Reference is made to the stock exchange announcement by Belships ASA (the "Company" or "Belships") on 2 April 2019, regarding the acquisition of a 58,700 dwt bulk carrier from Wenaas Shipping AS (the "Transaction") and the issuance of consideration shares by Belships. 

Belships has upon completion of the Transaction on 31 May 2019 issued 8,060,650 new Belships shares to Wenaas Shipping AS, and following the issuance there are 183,178,643 shares outstanding in Belships, each with a nominal value of NOK 2. The new registered share capital of the Company is NOK 366,357,286. The share capital increase was registered in the Norwegian Register of Business Enterprises today, on 3 June 2019.
 
 
 
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.