SCHEDULE: Globus Maritime Director Boosts Stake to 24.2%

Sentiment:

Beneficial Ownership Update


Georgios Feidakis and Firment Shipping Inc. increased their beneficial ownership in Globus Maritime LTD to 24.2% by acquiring additional common shares.

Summary

  • Reporting Persons, Firment Shipping Inc. and Georgios Feidakis, increased their beneficial ownership in Globus Maritime LTD.
  • Their aggregate beneficial ownership now stands at 5,234,290 common shares, representing approximately 24.2% of the Issuer's outstanding common shares.
  • Since the previous amendment (Amendment No. 6), Firment Shipping Inc. acquired an additional 118,443 common shares for a total purchase price of $322,289.57.
  • The shares were purchased using the personal funds of Mr. Feidakis.
  • The percentage calculation is based on 21,582,301 common shares outstanding, which includes 1,000,000 shares issued to Goldenmare Limited as stated in the Issuer's Form 6-K filed on November 28, 2025.
  • The Reporting Persons acquired these shares for investment purposes, with the potential to acquire more or dispose of them in the future.

Sentiment

Score: 7

Explanation: The sentiment is moderately positive as a significant insider and director has increased their stake in the company, which can be interpreted as a vote of confidence. However, the filing does not provide company-specific financial or operational updates to warrant a higher score.

Positives

  • A significant shareholder and director, Georgios Feidakis, through Firment Shipping Inc., increased his stake in Globus Maritime LTD, potentially signaling confidence in the company's future.
  • The acquisition of an additional 118,443 common shares demonstrates continued investment by a key insider.

Negatives

  • No specific negative information regarding Globus Maritime LTD's operations or financial performance was disclosed in this filing.

Future Outlook

The Reporting Persons may endeavor to increase their position in the Issuer through open market or private transactions, or dispose of their shares, depending on overall market conditions, other investment opportunities, and the availability of common shares at desirable prices. They further reserve the right to act in concert with any other shareholders or persons for a common purpose and/or to recommend courses of action to the Issuer's management, board of directors, and shareholders.

Management Comments

  • Georgios Feidakis, a director of Globus Maritime LTD, regularly engages in discussions with the Issuer's officers, board members, and shareholders concerning management, governance, board composition, operations, financial condition, or strategic transactions.
  • Mr. Feidakis may have influence over the corporate activities of the Issuer due to his director position and significant ownership stake.

Industry Context

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Corporate Governance

Change TypeDescriptionEffective DateImpact Assessment
Registration Rights AgreementThe Issuer has a registration rights agreement with Firment Trading Limited (an entity affiliated with the Reporting Persons), granting them the right to require the Issuer to register their common shares for sale.11/23/2016Provides liquidity options for the Reporting Persons' investment and could lead to future share sales.
Joint Filing AgreementThe Reporting Persons (Firment Shipping Inc. and Georgios Feidakis) have entered into an agreement to jointly prepare and file this Schedule 13D and any future amendments.12/02/2025Formalizes the coordinated reporting of their beneficial ownership.

Related Party Transactions

  • Globus Maritime LTD has a registration rights agreement with Firment Trading Limited, an entity affiliated with the Reporting Persons, which allows them to require the Issuer to register their common shares for sale under certain circumstances.

Stakeholder Impact

  • Shareholders: Increased insider ownership by a director could be perceived as a vote of confidence, but also indicates a concentrated ownership structure with potential for significant influence by the Reporting Persons.
  • Management/Board: Georgios Feidakis, as a director and significant shareholder, actively engages in discussions and may influence corporate activities, including management, governance, and strategic decisions.

Next Steps

  • Reporting Persons may increase or decrease their position in Globus Maritime LTD's common shares.
  • Reporting Persons may act in concert with other shareholders or recommend courses of action to the Issuer's management and board.

Key Dates

DateDescription
11/23/2016Issuer entered into a registration rights agreement with Firment Trading Limited, an entity affiliated with the Reporting Persons.
09/28/2023Initial Schedule 13D filed.
12/01/2023Amendment No. 1 to Schedule 13D filed.
12/05/2023Amendment No. 2 to Schedule 13D filed.
12/07/2023Amendment No. 3 to Schedule 13D filed.
12/13/2023Amendment No. 4 to Schedule 13D filed.
12/20/2023Amendment No. 5 to Schedule 13D filed.
12/22/2023Amendment No. 6 to Schedule 13D filed.
09/19/2025Issuer's Form 6-K furnished, stating 20,582,301 common shares outstanding.
11/28/2025Date of event requiring this filing, related to the issuance of 1,000,000 shares to Goldenmare Limited and the filing of Issuer's Form 6-K.
12/02/2025Date of this Amendment No. 7 filing and the date as of which beneficial ownership is calculated.

Keywords

Globus Maritime, common shares, Schedule 13D, beneficial ownership, shipping, Georgios Feidakis, Firment Shipping, insider buying

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