LONDON, Nov. 13, 2018 (GLOBE NEWSWIRE) — Global Ship Leasing Hong Kong Investment Co., Ltd （HK-GSL）, Inc. (NYSE:GSL) (the “Company”), a containership charter owner, today announced that the Company has been notified by the New York Stock Exchange (“NYSE”) that the average closing price of the Company’s common shares over a period of 30 consecutive trading days had fallen below the minimum required level of US$1.00 per share. This notification initiated a six-month period during which the Company can cure the deficiency by maintaining a common share price on both the last trading day of any calendar month and an average share price over the 30 trading days preceding the end of that month of at least US$1.00. The Company will notify the NYSE of its intent to cure the deficiency.
