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Actionable news in NAT: NORDIC AMERICAN TANKER,

Nordic American Tankers Limited (NYSE:NAT) the Chairman & CEO and his family increase its holding in NAT

HAMILTON, Bermuda, Aug. 22, 2016 (GLOBE NEWSWIRE) -- A company owned by the NAT Chairman & CEO, Herbjorn Hansson and his son, Alexander, today bought $638,400 worth of stock in NAT (60,000 shares), adding to the position as one of the largest shareholders of NAT. The share price was $10.64 per share.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts.

The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation...


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