Seatankers Group Delivers Open Letter to Fellow Shareholders of International Seaways, Inc.Expresses Frustration with the Board’s Refusal to Meaningfully Engage with the Seatankers Group on Shareholder Value-Creation
Famatown Comments on Valaris Investment
Famatown Finance Limited (“Famatown”), a company indirectly controlled by trusts settled by Mr. John Fredriksen1 and a member of the Seatankers Group, today announced that it has accumulated through open market transactions approximately 5.0% of the common shares of Valaris Limited (
NYSEVAL) (“Valaris”) and has executed a support agreement with Valaris reflecting the Seatankers Group’s support of and commitment to the Company.
