Filing Details
- Accession Number:
- 0000919574-19-002406
- Form Type:
- 13D Filing
- Publication Date:
- 2019-03-13 17:25:24
- Filed By:
- Anamar Investments Inc
- Company:
- Diana Shipping Inc (NYSE:DSX)
- Filing Date:
- 2019-03-13
- SEC Url:
- 13D Filing
Ownership Summary
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
| Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
|---|---|---|---|---|---|---|
| Anastasios Margaronis | 0 | 6,365,438 | 0 | 6,365,438 | 6,365,438 | 6% |
| Anamar Investments Inc | 0 | 6,365,438 | 0 | 6,365,438 | 6,365,438 | 6% |
Filing
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13D
THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. )*
| Diana Shipping Inc. |
| (Name of Issuer) |
| Common Stock, $0.01 par value per share |
| (Title of Class of Securities) |
| Y2066G104 |
| (CUSIP Number) |
| Attn: Mr. Anastasios Margaronis Pendelis 16, 175 64 Palaio Faliro Athens, Greece + 30-210-9470-100 |
| (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) |
| January 31, 2019 |
| (Date of Event Which Requires Filing of this Statement) |
| If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule
13D, and is filing this schedule because of ss.240.13d-1(e), 240.13d‑1(f) or 240.13d-1(g), check the following box [ ]. | |
| Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §
240.13d-7 for other parties to whom copies are to be sent. | |
| * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the
subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. | |
| The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the
Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). |
| CUSIP No. | Y2066G104 |
| 1. | NAME OF REPORTING PERSONS | |
| I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) | ||
| Anastasios Margaronis |
| 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* | ||
| (a) | [ ] | ||
| (b) | [x] | ||
| 3. | SEC USE ONLY | |
| 4. | SOURCE OF FUNDS | |
| OO |
| 5. | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | [_] | |
| 6. | CITIZENSHIP OR PLACE OF ORGANIZATION | |
| Greece |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | ||
| 7. | SOLE VOTING POWER | |
| 0 |
| 8. | SHARED VOTING POWER | |
| 6,365,438 |
| 9. | SOLE DISPOSITIVE POWER | |
| 0 | ||
| 10. | SHARED DISPOSITIVE POWER | ||
| 6,365,438 | |||
| 11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | |
| 6,365,438 |
| 12. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* | |
| | [ ] | |
| 13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | |
| 6% |
| 14. | TYPE OF REPORTING PERSON | |
| IN | ||
| CUSIP No. | Y2066G104 |
| 1. | NAME OF REPORTING PERSONS | |
| I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) | ||
| Anamar Investments Inc |
| 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* | ||
| (a) | [_] | ||
| (b) | [x] | ||
| 3. | SEC USE ONLY | |
| 4. | SOURCE OF FUNDS | |
| OO |
| 5. | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | [_] | |
| 6. | CITIZENSHIP OR PLACE OF ORGANIZATION | |
| Republic of the Marshall Islands |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | ||
| 7. | SOLE VOTING POWER | |
| 0 |
| 8. | SHARED VOTING POWER | |
| 6,365,438 |
| 9. | SOLE DISPOSITIVE POWER | |
| 0 | ||
| 10. | SHARED DISPOSITIVE POWER | ||
| 6,365,438 | |||
| 11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | |
| 6,365,438 |
| 12. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* | |
| | [ ] | |
| 13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | |
| 6% |
| 14. | TYPE OF REPORTING PERSON | |
| CO | ||
| Item 1. | Security and Issuer. | |
| This Schedule 13D relates to shares of common stock, par value $0.01 per share (the “Shares”), of Diana Shipping Inc. (the “Issuer”).
The principal executive office and mailing address of the Issuer is Pendelis 16, 175 64 Palaio Faliro, Athens, Greece. | ||
| Item 2. | Identity and Background. | |
| This Schedule 13D is being filed on behalf of Anastasios Margaronis (“Margaronis”), a citizen of Greece, and Anamar Investments Inc,
a Marshall Islands corporation (“Anamar”). Margaronis and Anamar are collectively referred to as the “Reporting Persons.” Margaronis may be deemed to beneficially own all of the issued and outstanding shares of Anamar, as the result of
Margaronis' ability to control the vote and disposition of such shares. The principal business address for the Reporting Persons is Pendelis 16, 175 64 Palaio Faliro, Athens, Greece. The Reporting Persons have not, during the last five years, been (i) convicted in a criminal proceeding (excluding traffic violations
or similar misdemeanors) or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding were not and are not subject to a judgment, decree or final order enjoining
future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violations with respect to such laws. | ||
| Item 3. | Source and Amount of Funds or Other Consideration. | |
| On January 31, 2019, Anamar received 666,705 Shares from Ironwood Trading Corp. and 1,524,031 Shares from Corozal Compania Naviera
S.A., in each case for no consideration in a pro rata distribution to the shareholders of such entities. On February 20, 2019, Anamar received 465,874 shares of the Issuer's restricted common stock pursuant to the Issuer's
2014 equity incentive plan, as amended. | ||
| Item 4. | Purpose of Transaction. | |
| Margaronis, the President of the Issuer, may have influence over the corporate activities of the Issuer, including activities which
may relate to items described in subparagraphs (a) through (j) of Item 4 of Schedule 13D. Depending upon overall market conditions, other investment opportunities available to the Reporting Persons, and the availability of
Shares at prices that would make the purchase of additional Shares desirable, the Reporting Persons may endeavor to increase their position in the Issuer through, among other things, the purchase of Shares on the open market or in private
transactions or otherwise, on such terms and at such times as the Reporting Persons may deem advisable. No Reporting Person has any present plan or proposal which would relate to or result in any of the matters set forth in subparagraphs
(a) - (j) of Item 4 of Schedule 13D except as set forth herein or such as would occur upon completion of any of the actions discussed above. | ||
| Item 5. | Interest in Securities of the Issuer. | |
| (a. & b.) As of the date hereof, the Issuer had 105,764,351 Shares outstanding. Based on the foregoing, the following persons
report beneficial ownership of the following Shares: Anamar is the record holder of 6,365,438 Shares, representing 6% of the Issuer’s issued and outstanding Shares. Margaronis
indirectly may be deemed to beneficially own 6,365,438 Shares in aggregate, representing 6% of the Issuer's issued and outstanding shares, through Anamar, as the result of his ability to control the vote and disposition of such entity. Anamar has the sole power to vote or direct the vote of 0 Shares and has the shared power to vote or direct the vote of 6,365,438
Shares, representing 6% of the Issuer's issued and outstanding Shares. Margaronis has the sole power to vote or direct the vote of 0 Shares and has the shared power to vote or direct the vote of 6,365,438 Shares, in aggregate, representing
6% of the Issuer's issued and outstanding Shares, through Anamar. (c.) Except as set forth in Item 3 herein, no transactions in the Shares were effected by the persons enumerated in Item 2 during the
past 60 days. (d.) No other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from
the sale of, any of the Shares beneficially owned by the Reporting Persons. (e.) Not applicable. | ||
| Item 6. | Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. | |
| The Reporting Persons are not party to any contracts, arrangements or understanding or relationships with respect to the Shares or
any other security of the Issuer. | ||
| Item 7. | Material to be Filed as Exhibits. | |
| Exhibit A Joint Filing Agreement dated March 13, 2019 among the Reporting Persons |
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true,
complete and correct.
| March 13, 2019 | ||
| (Date) | ||
| Anamar Investments Inc By /s/ Anastasios Margaronis | ||
| Anastasios Margaronis Principal | ||
| /s/ Anastasios Margaronis | ||
| Anastasios Margaronis | ||
Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (see 18 U.S.C. 1001).
Exhibit A
AGREEMENT
The undersigned agree that this Schedule 13D, dated March 13, 2019, and any further amendment thereto, relating to the
Common Stock, par value $0.01, of Diana Shipping Inc. shall be filed on behalf of the undersigned.
| March 13, 2019 | ||
| (Date) | ||
| Anamar Investments Inc By: /s/ Anastasios Margaronis | ||
| Anastasios Margaronis Principal | ||
| /s/ Anastasios Margaronis | ||
| Anastasios Margaronis | ||