Company: ASC
Filing Date: 2025-03-07
Form Type: 20-F
Source: 0001558370-25-002500
Chunk: 132

Company: Ardmore Shipping Corp
Filing Date: 2025-03-07
Form: 20-F
Item: Item 7
Chunk 132
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Item 7. Major Common Shareholders and Related Party Transactions
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A. Major Common Shareholders
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The following table sets forth information regarding beneficial ownership, as of March 7, 2025 (except as otherwise noted), of our common stock by:
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●   each person or entity known by us to beneficially own 5% or more of our common stock; and
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●   all our current directors and executive officers and senior management as a group.
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The information provided in the table is based on information filed with the SEC and information provided to us.
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87

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The number of shares beneficially owned by each person, entity, director, executive officer or other member of senior management is determined under SEC rules and the information is not necessarily indicative of beneficial ownership for any other purpose. 
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Under SEC rules, a person or entity beneficially owns any shares as to which the person or entity has or shares voting or investment power. In addition, a person or entity beneficially owns any shares that the person or entity has the right to acquire as of the date 60 days after March 7, 2025 through the exercise of any stock option or other right; however, any such shares are not deemed outstanding for the purpose of computing the percentage ownership of any other person. Unless otherwise indicated, each person or entity has sole voting and investment power (or shares such powers with his or her spouse) with respect to the shares set forth in the following table.
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                          ​                             ​       ​          ​             ​         ​
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Identity of person or group                                            Shares Beneficially Owned    
​                                                              Number              Percentage(1)    
BlackRock Inc.(2)                                       ​   2,756,000   ​                    6.8   %
Dimensional Fund Advisors LP(3)                         ​   2,738,153   ​                    6.8   %
Scorpio Holding Limited(4)                              ​   2,304,112   ​                    5.7   %
Teekay Tankers Ltd.(5)                                  ​   2,050,044   ​                    5.1   %
Alder Tree Investments II BV(6)                         ​   2,035,567   ​                    5.0   %
All directors and executive officers as a group(7)(8)   ​     409,771   ​                    1.0   %

(1)   Based on