SCHEDULE: Globus Maritime Insider Boosts Stake to 27.6%

Georgios Feidakis and Firment Shipping Inc. have increased their beneficial ownership in Globus Maritime Ltd. to 27.6% through recent open market purchases.

Summary

• Reporting Persons, Firment Shipping Inc. and Georgios Feidakis, beneficially own 5,966,927 Common Shares of Globus Maritime Ltd.
• This represents approximately 27.6% of the Issuer's outstanding common shares, based on 21,582,301 shares as of March 25, 2026.
• Since the previous amendment (Amendment No. 8), Firment Shipping Inc. purchased an additional 259,957 Common Shares.
• The total cost for these recent purchases was $451,949.93, funded by Mr. Feidakis's personal funds.
• The shares were acquired for investment purposes, with the possibility of increasing or decreasing the position in the future.
• Mr. Feidakis, a director of the Issuer, may influence corporate activities and regularly engages in discussions regarding management, governance, operations, and strategic transactions.

Sentiment

Score: 8

Explanation: StockSavvy.ai views this as a strong positive signal, as a significant increase in insider ownership by a director suggests high confidence in the company's future prospects and valuation.

Positives

• Increased insider ownership by a director and affiliated entity, signaling confidence in the company's prospects.
• Recent purchases totaling 259,957 shares for $451,949.93 demonstrate active investment.
• Mr. Feidakis's role as a director and his engagement in discussions about the Issuer's strategy and governance suggest active oversight.

Risks

• The Reporting Persons may endeavor to increase their position or dispose of shares, which could impact market liquidity and share price.
• Future decisions regarding the Issuer or its securities will depend on various factors, including market conditions and other investment opportunities, introducing uncertainty.

Future Outlook

The Reporting Persons acquired the Common Shares for investment purposes and may increase or decrease their position in the future, depending on market conditions and other investment opportunities. Mr. Feidakis, as a director, will continue to engage in discussions with management and the board regarding the Issuer's operations, financial condition, and strategic transactions.

Management Comments

• Mr. Feidakis is a director of the Issuer, and therefore may have influence over the corporate activities of the Issuer.
• The Reporting Persons acquired the Common Shares, as described herein, for investment purposes, and to potentially acquire more Common Shares or dispose of them.
• Mr. Feidakis regularly has discussions with officers of the Issuer, board members of the Issuer, and shareholders of the Issuer, which discussions from time to time relate to management, governance and board composition, the Issuer's operations and financial condition or strategic transactions.

Industry Context

StockSavvy.ai notes that increased insider buying in the shipping sector can often signal a belief in the company's undervalued assets or an optimistic outlook on future freight rates and market conditions, especially from a director with significant industry experience.

Comparison to Industry Standards

• A 27.6% beneficial ownership stake by a director and affiliated entity is a substantial position, indicating a high level of commitment and alignment of interests with other shareholders, which is generally viewed positively compared to typical institutional or individual investor stakes.
• The continuous open market purchases, totaling over $450,000 in a short period, suggest a conviction in the current valuation of Globus Maritime Ltd. relative to its peers in the dry bulk shipping industry.

Corporate Governance

Related Party Transactions

• Firment Shipping Inc. is controlled by Georgios Feidakis, who is a director of Globus Maritime Ltd.
• Firment Trading Limited, an entity affiliated with the Reporting Persons, has a registration rights agreement with the Issuer.

Stakeholder Impact

• Shareholders: Increased insider ownership may be seen as a positive sign of confidence, potentially aligning interests between management and shareholders. However, a large concentrated stake could also reduce liquidity or influence future strategic decisions.
• Management/Board: Mr. Feidakis's significant stake and active engagement in discussions could lead to more direct oversight and influence on strategic direction.

Next Steps

• Reporting Persons may endeavor to increase their position in the Issuer through open market purchases or private transactions.
• Reporting Persons may act in concert with other shareholders for a common purpose.
• Mr. Feidakis will continue to have discussions with the Issuer's management, board, and shareholders regarding corporate activities.
• Reporting Persons reserve the right to change their intentions regarding the Issuer at any time.

Key Dates

Recommendation

The significant increase in beneficial ownership by a key insider and director, Georgios Feidakis, through substantial open market purchases, signals strong confidence in Globus Maritime Ltd.'s current valuation and future prospects. This insider buying, totaling over $450,000 in a short period, suggests that those closest to the company believe the stock is undervalued. Such a move typically aligns insider interests with those of other shareholders and can be a strong indicator for potential positive performance.

Keywords

Globus Maritime, Firment Shipping, Georgios Feidakis, Schedule 13D, Insider Ownership, Share Acquisition, Shipping Investment, Common Shares, Beneficial Ownership, SEC Filing