Globus Maritime Limited, a Greece-based dry bulk shipping company, announced that shareholders approved key proposals at its annual meeting held in Glyfada.
Image for representational purpose
The meeting confirmed the election of Mr. Georgios “George” Feidakis as Class III director, extending his term through the 2028 Annual Meeting of Shareholders. Shareholders also endorsed the appointment of Ernst & Young (Hellas) Certified Auditors Accountants S.A. as the company’s independent auditors for the fiscal year ending December 31, 2025.
In addition, approval was granted for amendments to the company’s Articles of Incorporation, authorising the Board of Directors to implement one or more reverse stock splits of the company’s issued and outstanding common and Series B preferred shares at a ratio of up to one-for-20. The exact ratio and timing will be determined at the Board’s discretion through amendments filed with the Registrar of Corporations of the Republic of the Marshall Islands.
Globus Maritime operates an international fleet of nine dry bulk vessels, transporting commodities such as iron ore, coal, grain, steel products, cement, and alumina. As of September 25, 2025, the fleet had a combined carrying capacity of 680,622 dead weight tons with a weighted average age of 7.8 years.
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