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KDM transaction by the insider

The Board of Directors of KDM Shipping Public Limited with its seat in Limassol, Cyprus (the "Company") hereby informs that Company has received information from Denys Molodkovets, the member of the Company Board of Directors that the entity wholly owned and controlled by him, i.e., Denhold Management Limited with its registered office in Tortola, British Virgin Islands sold 455'503 shares in the Company.

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