Hamilton, Bermuda – (12 April 2024). Funds managed by CarVal Investors have, on 9 April 2024, sold their shareholding of 14,646,637 common shares in GoodBulk Ltd. (the “Company”) (N-OTC: BULK), representing 54.1% of the issued and outstanding commons shares in the Company to Bretta Navigation Corporation, a company wholly owned by John Michael Radziwill, the Company’s President and Director. Consequently, Mr. Radziwill will directly and indirectly own 15,157,087 common shares in the Company, representing 56.0% of the issued and outstanding common shares in the Company.
Following the sale, CarVal will not hold any shares in the Company. As a consequence, Gregory Belonogoff has resigned from his position as director in the Company.
The full announcement can be found here: GoodBulk Ltd Shares Traded
