ATHENS, Greece, July 01, 2024 (GLOBE NEWSWIRE) -- TEN, Ltd. (the "Company"), a leading diversified crude, product, and LNG tanker operator, would like to remind its shareholders and the investing public of the new ticker symbol that comes into effect today. As such, the Company's common shares will immediately transition from "TNP" to "TEN" on the New York Stock Exchange ("NYSE"), where it will continue to be listed under the name "Tsakos Energy Navigation Limited."

Additionally, the ticker symbols for the Company's Series E Cumulative Perpetual Preferred Shares ("Series E Preferred Shares") and Series F Cumulative Perpetual Preferred Shares ("Series F Preferred Shares") will also change. The Series E Preferred Shares will transition from "TNP-PRE" to "TEN-PRE" and the Series F Preferred Shares will transition from "TNP-PRF" to "TEN-PRF", respectively.

Please note that no action is required by existing shareholders regarding these ticker symbol changes. The Company's common shares, Series E Preferred Shares, and Series F Preferred Shares will continue to be listed on the NYSE, and the applicable CUSIPs will remain unchanged.

ABOUT TEN Ltd.

TEN, founded in 1993 and celebrating this year 31 years as a public company, is one of the first and most established public shipping companies in the world. TEN's pro forma diversified energy fleet currently consists of 74 vessels, including three DP2 shuttle tankers, two scrubber-fitted suezmax vessels, two scrubber-fitted MR product tankers and five scrubber-fitted LR1 tankers under construction, consisting of a mix of crude tankers, product tankers and LNG carriers, totaling over 9.0 million dwt.

ABOUT FORWARD-LOOKING STATEMENTS

Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those predicted by such forward-looking statements. TEN undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.

For further information, please contact:

Company

Tsakos Energy Navigation Ltd. George Saroglou

President & COO

+30210 94 07 710

gsaroglou@tenn.gr

Investor Relations / Media

Capital Link, Inc. Nicolas Bornozis Markella Kara

+212 661 7566

ten@capitallink.com

TEN Ltd. NYSE Ticker Change to "TEN" Effective Today