Diana Shipping pushes Genco shareholders to tender by July 10

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Diana Shipping Inc. Urges Genco Shipping & Trading Shareholders to Tender Their Shares by Friday, July 10

July 8, 2026 7:04 AM EDT

10,583,484 Shares, or 28.4% of Outstanding Shares Not Owned by Diana, Tendered into Offer as of June 26, 2026

Dianas $27.34 Per Share Offer Made Directly to Genco Board Comprised of $24.80 in Cash and One Diana Share Valued at $2.54  Remains on the Table, Providing an Opportunity to Deliver Premium Value for All Genco Shareholders

Nearly Three Weeks After Receiving Dianas Offer, Genco Board Has Yet to Respond; By Tendering Their Shares, Shareholders Can Send a Clear Message to the Genco Board That They Should Negotiate a Transaction with Diana

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