Costamare Inc. Announces Virtual Analyst Day for Investors
MONACO, March 31, 2025 - Costamare Inc. (NYSE:CMRE) has exciting news for investors! The company's new management team at Costamare Bulkers Holdings Limited is set to host a virtual Analyst and Investor Day on April 9, 2025, at 9:00 a.m. Eastern Daylight Time. This innovative separate entity will oversee Costamare Inc.’s owned dry bulk vessels and the CBI operating platform as part of the anticipated spin-off of its dry bulk business.
Overview of Costamare Bulkers
The presenting team for the Analyst and Investor Day will feature Gregory Zikos, who serves as both Chief Executive Officer and Chief Financial Officer of Costamare Inc. Joining him will be key figures such as Jens Jacobsen, the Chief Commercial Officer, and Dimitris Pagratis, the Chief Financial Officer. Together, they will guide participants through a comprehensive understanding of the new company's core business operations, investment potential, and strategic vision.
Engagement and Q&A Session
The agenda for this important event will not only include insights into Costamare Bulkers' operations but will also provide a platform for directly addressing attendee questions. This interactive format allows for deeper engagement and understanding of the strategic outlook for Costamare Bulkers.
How to Access the Event
For those interested in attending, the Analyst and Investor Day webcast will be accessible through Costamare Inc.'s official website. This online accessibility is designed to accommodate a wide range of stakeholders eager to learn more about the company's future.
Insights on the Spin-Off
Costamare Inc. is committed to effectively spinning off its dry bulk operations into the new, independent entity of Costamare Bulkers. This strategic decision aims to unlock the substantial value inherent in both companies, enhancing their potential for individual growth and attracting investment. The transition to a standalone company is seen as a pivotal move that will offer distinct opportunities.
Share listings for Costamare Bulkers are expected to be facilitated through the New York Stock Exchange, reinforcing the company's position in the market. As part of this transition, Costamare Inc. hopes to complete the spin-off operation promptly, although various regulatory approvals will be required beforehand.
About Costamare Inc.
Costamare Inc. stands as a significant player in the global shipping industry, recognized for its extensive fleet of containerships and dry bulk vessels. With over five decades of experience, Costamare owns 68 containerships and 38 dry bulk vessels, reflecting a total capacity that places the company among the forefront of shipping providers. The company leverages its dry bulk operating platform to engage in charters and various agreements that further enhance its financial positioning.
Company Contacts
Gregory Zikos - Chief Financial Officer
Konstantinos Tsakalidis - Business Development
Costamare Inc., Monaco
Tel: (+377) 93 25 09 40
Email: ir@costamare.com
Frequently Asked Questions
What is the purpose of the virtual Analyst Day?
The Analyst Day aims to inform investors about the operations and strategies of Costamare Bulkers following the upcoming spin-off.
Who is presenting at the Analyst Day?
The event will feature Gregory Zikos, Jens Jacobsen, and Dimitris Pagratis from Costamare Bulkers.
How can I access the webcast?
Interested parties can tune into the webcast on the day of the event through the Costamare Inc. website.
When is the expected spin-off of Costamare Bulkers?
The spin-off is targeted for completion as soon as practicable, subject to necessary regulatory approvals.
What distinguishes Costamare Inc. in the shipping industry?
Costamare is recognized for its extensive fleet and a robust operational platform, giving it a competitive edge in the containership and dry bulk sectors.
