HAMILTON, BERMUDA, January 4, 2019 - DHT Holdings, Inc. (NYSE: DHT) ("DHT" or the "Company") today announces that its Co-CEOs have relocated to Singapore. The relocation follows changes in the tax law in Norway from 2019 for tax residency of companies formed outside of Norway. The new legislation takes into account the place of daily management as well as the place of management and control on board level. The Company's tax residency will remain unchanged in Bermuda.
The Company's office in Singapore will hold senior management, chartering, operations, newbuilding supervision and technical management whereas the Company's office in Norway will retain functions within finance, accounting, investor relations, chartering and operations.
About DHT Holdings, Inc.
DHT is an independent crude oil tanker company. Our fleet trades internationally and consists of crude oil tankers in the VLCC segments. We operate through our integrated management companies in Oslo, Norway and Singapore. You shall recognize us by our business approach with an experienced organization with focus on first rate operations and customer service, quality ships built at quality shipyards, prudent capital structure with robust cash break even levels to accommodate staying power through the business cycles, a combination of market exposure and fixed income contracts for our fleet and a transparent corporate structure maintaining a high level of integrity and good governance. For further information: www.dhtankers.com.
Contact:
Laila C. Halvorsen, CFO
Phone: +1 441 299 4981 and +47 984 39 935
Email: lch@dhtankers.com