Tsakos Energy Navigation Ltd 6-K, filed May 11, 2021
Tsakos Energy Navigation Ltd (TEN)
About this 6-K
Tsakos Energy Navigation Ltd filed this 6-K on May 11, 2021.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of May 2021
Commission File Number 001-31236
TSAKOS ENERGY NAVIGATION LIMITED
(Translation of registrant’s name into English)
367 Syngrou Avenue, 175 64 P. Faliro, Athens, Greece
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
TSAKOS ENERGY NAVIGATION LIMITED
FORM 6-K
This report on Form 6-K is hereby incorporated by reference into the following Registration Statements of the Company:
| • | Registration Statement (Form F-3 No. 333-240253) filed with the SEC on July 31, 2020; |
| • | Registration Statement on Form F-3 (No. 333-234279) filed with the SEC on October 21, 2019; |
| • | Registration Statement on Form F-3 (No. 333-206852) filed with the SEC on September 9, 2015; |
| • | Registration Statement on Form F-3 (No. 333-111615) filed with the SEC on December 30, 2003; |
| • | Registration Statement on Form S-8 (No. 333-183007) initially filed with the SEC on August 2, 2012, as amended; |
| • | Registration Statement on Form S-8 (No. 333-134306) initially filed with the SEC on May 19, 2006, as amended; |
| • | Registration Statement on Form S-8 (No. 333-104062) filed with the SEC on March 27, 2003; and |
| • | Registration Statement on Form S-8 (No. 333-102860) filed with the SEC on January 31, 2003. |
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The press release issued by Tsakos Energy Navigation Ltd. on May 7, 2021 announcing that Tsakos Energy Navigation Ltd. has declared a dividend on its Series D and Series E Preferred Shares is attached hereto as Exhibit 99.1.
EXHIBIT INDEX
| 99.1 | Press Release, dated May 7, 2021 |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: May 11, 2021
| TSAKOS ENERGY NAVIGATION LIMITED | ||
| By: | /s/ George Saroglou | |
| George Saroglou | ||
| Chief Operating Officer | ||
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Exhibit 99.1
TEN Ltd. Declares Dividend on its Series D and Series E Cumulative Perpetual Preferred Shares
ATHENS, Greece, May 07, 2021 — TEN Ltd. (“TEN”) (NYSE: TNP) (the “Company”), a leading diversified crude, product and LNG tanker operator, today announced that its Board of Directors declared the regular quarterly cash dividend of $0.546875 per share for its Series D Cumulative Perpetual Preferred Shares (the “Series D Preferred Shares”; NYSE; TNPPRD) and the regular quarterly cash dividend of $0.578125 per share for its Series E Cumulative Perpetual Preferred Shares (the “Series E Preferred Shares”; NYSE; TNPPRE).
The dividend on the Series D and Series E is for the period from the most recent dividend payment date on February 28, 2021 through May 27, 2021.
The dividend on the Series D and E Preferred Shares will be paid on May 28, 2021 to all holders of record of Series D and E Preferred Shares as of May 25, 2021. Dividends on the Series D and E Preferred Shares are payable quarterly in arrears on the 28th day (unless the 28th falls on a weekend or public holiday, in which case the payment date is moved to the next business day) of February, May, August and November of each year, when, as and if declared by TEN’s board of directors. This is the 24th dividend on the Series D and the 17th dividend on the Series E since their commencement of trading on the New York Stock Exchange.
TEN has 3,424,803 Series D and 4,600,000 Series E Preferred Shares outstanding as of the date of this press release.
ABOUT TSAKOS ENERGY NAVIGATION
TEN, founded in 1993 and celebrating this year 28 years as a public company, is one of the first and most established public shipping companies in the world. TEN’s diversified energy fleet currently consists of 68 double-hull vessels, including one LNG carrier and one suezmax DP2 shuttle tanker under construction, constituting a mix of crude tankers, product tankers and LNG carriers, totalling 7.5 million dwt.
ABOUT FORWARD-LOOKING STATEMENTS
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those predicted by such forward-looking statements. TEN undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.
For further information please contact:
Company
Tsakos Energy Navigation Ltd.
George Saroglou
COO
+30210 94 07 710
gsaroglou@tenn.gr
Investor Relations / Media
Capital Link, Inc.
Nicolas Bornozis
Markella Kara
+212 661 7566
ten@capitallink.com