# Volare Shipping Ltd.: Stabilisation and over-allotment notice

- Source: mfn · Published: 2026-10-05 · Kind: other
- Original: https://mfn.se/cis/a/volare-shipping/volare-shipping-ltd-stabilisation-and-over-allotment-notice-3e08ace7

**TL;DR —** Volare Shipping announced the start of a stabilization period for its shares following a NOK 5.4 billion private placement and Euronext Growth Oslo listing, with an over-allotment of 4.6 million shares and a greenshoe option to support market price.

## Takeaways
*   **Stabilisation Period:** Clarksons Securities AS, as Stabilisation Manager, may conduct stabilisation activities on Volare Shipping shares from October 5, 2026, to November 3, 2026, to support the market price following the listing on Euronext Growth Oslo.
*   **Private Placement & Listing:** This follows a successful private placement of approximately NOK 5.4 billion announced on September 23, 2026, and the company's admission to trading on Euronext Growth Oslo on September 30, 2026.
*   **Over-allotment:** Managers over-allotted 4,604,829 shares (approx. 15% of new shares in the private placement) and borrowed an equal number of shares from Trafigura Volare Holdings B.V. to facilitate delivery.
*   **Greenshoe Option:** Volare Shipping granted the Stabilisation Manager a Greenshoe Option to issue up to 4,604,829 new shares at the offer price of NOK 154 per share, exercisable during the stabilisation period to cover short positions from over-allotments not closed by market purchases.
*   **Fleet & Ownership:** Volare Shipping, incorporated in Singapore and majority-owned by Trafigura, operates six Very Large Crude Carriers (VLCCs) with eight newbuild VLCCs on order for delivery through 2028, aiming for one of the youngest fleets in the listed VLCC sector.

*Generated 2026-10-29 via google/gemini-2.5-flash*