Financial Ports

Icon Energy shareholder demands $20m shake-up to stop dilution haemorrhage

CLAVE 1 / 4Hampton Financial holds 325,000 Icon shares, around 9% of the Nasdaq-listed Greek dry-bulk owner.

CLAVE 2 / 4Icon has raised $25m through common share sales since its 2024 flotation.

CLAVE 3 / 4The Canadian investor wants a $20m preferred-share swap and a one-for-one dividend for ordinary shareholders.

CLAVE 4 / 4Hampton also demands a board seat to curb further dilution.

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