Henderson Global Investors amends stake in Globus Maritime

2007-11-7

Globus Maritime Limited has received notifications dated 3 October 2007 and 11 October 2007 that Henderson Global Investors Ltd. held 1,333,333 ordinary hares of US$0.001 each in the Company with direct voting rights, representing 4.66% of the Company's issued share capital, and that (following a sale of 50,000 shares on 10 October 2007) it has an interest with direct voting rights in 1,122,333 ordinary shares of US$0.001 of the Company representing 3.92% of the Company's total issued share capital. Globus is a global provider of seaborne transportation services for dry bulk cargoes, including among others iron ore, coal, grain, cement, and fertilizers, along worldwide shipping routes. It currently owns and operates five sister-ship geared Handymax vessels, and one Panamax vessel. Globus has entered into agreements to acquire a newbuilding Handymax vessel scheduled for

delivery in December 2007, as well as a 1998-built geared Panamax vessel expected to be delivered by mid-December 2007. When these acquisitions are completed, Globus’ fleet will expand to a total of eight dry bulk carriers, consisting of six Handymaxes and two Panamaxes, with a weighted average age of approximately 10.7 years as at December 31, 2007 and with a total carrying capacity of 415,558 dwt.

Source: Globus Maritime
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