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Navigator Gas Announces Shareholder Meeting to Approve Change of Domicile to England and Wales

NVGS
  • Navigator Holdings Ltd. announced on October 16, 2026, that it entered into a Merger Agreement on October 8, 2026, with its new parent company Navigator Gas plc \& its subsidiary Merger Sub.
  • Under the agreement, Navigator Holdings will merge into Merger Sub, converting each common share into one ordinary share of the new parent company.
  • The new parent company, Navigator Gas plc, intends to list its shares on the NYSE under the existing "NVGS" ticker symbol.
  • The transaction facilitates the company's change of corporate domicile from the Marshall Islands to England and Wales.
  • The move aims to align the corporate structure with the location of executive offices, management, lenders, \& insurers, while providing access to a stable tax regime \& a tonnage tax system for maritime businesses.
  • The merger closing is subject to approval by a majority of voting common shareholders at a meeting scheduled for November 16, 2026, in New York.
  • CEO Mads Peter Zacho stated the redomiciliation supports strong corporate governance, transparency, \& a robust platform for future growth.
  • The merger is not expected to materially impact daily operations, employees, or customer services.
  • A definitive proxy statement was filed with the SEC \& is expected to be mailed to shareholders on or about October 16, 2026.
  • Navigator Gas operates the world's largest fleet of handysize liquefied gas carriers, including 48 vessels, \& owns a 50% stake in an ethylene export terminal in Texas.
  • The press release includes forward-looking statements regarding the merger, operations, \& economic performance, along with associated risks.
  • Investors are advised to read the definitive proxy statement \& related SEC filings for detailed information regarding the transaction.