Dynagas LNG share option taken

Written by  John McKay
Friday, 06 December 2013
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Dec 6 (LNGJ) - The Greek LNG carrier fleet owner now listed on the US Nasdaq stock exchange as Dynagas LNG Partners said that in connection with its recent initial public offering of 12.5 million shares at $18.00 per unit, the underwriters have exercised their over-allotment option for just over 1.8M extra shares. This transaction is "on the same terms as the units sold in the IPO and the partnership will not receive any of the net proceeds from the sale of these additional units," Dynagas said.

Last modified on Friday, 06 December 2013 07:05
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