Euroseas Ltd.
|
(Name of Issuer)
|
Common Shares, $0.03 par value
|
(Title of Class of Securities)
|
Y23592135
|
(CUSIP Number)
|
Containers Shareholders Trinity Ltd.
80 Broad Street
Monrovia, Liberia
|
(Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications)
|
June 30, 2020
|
(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 which is the subject of this Schedule 13D, and is filing
this schedule because of Rule 13d-1(e), Rule 13d-1(f) or Rule 13d-1(g), check the following box [ ].
|
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).
|
*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.
|
CUSIP No.
|
Y23592135
|
1.
|
NAME OF REPORTING PERSONS
|
|
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
|
||
Containers Shareholders Trinity Ltd.
|
2.
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
|
||
(a)
|
[_]
|
||
(b)
|
[_]
|
3.
|
SEC USE ONLY
|
|
4.
|
SOURCE OF FUNDS*
|
|
WC
|
5.
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
|
[_]
|
|
6.
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
|
Liberia
|
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
||
7.
|
SOLE VOTING POWER
|
|
2,101,321
|
8.
|
SHARED VOTING POWER
|
|
0
|
9.
|
SOLE DISPOSITIVE POWER
|
|
2,101,321
|
10.
|
SHARED DISPOSITIVE POWER
|
|
|
0
|
11.
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
|
|
PERSON
|
||
2,101,321
|
12.
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
|
||
CERTAIN SHARES*
|
|||
|
[_]
|
13.
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
|
37.52%
|
14.
|
TYPE OF REPORTING PERSON*
|
|
CO
|
Item 1. |
Security and Issuer
|
Item 2. |
Identity and Background
|
(a),(f) |
The person filing this statement is Containers Shareholders Trinity Ltd., a Liberian corporation (the “Reporting Person”).
|
(b) |
The address of the principal place of business of the Reporting Person is 80 Broad Street, Monrovia, Liberia.
|
(b),(c) |
The principal business of the Reporting Person is acting as a shipping investment holding company.
|
|
|
|
|
|
Aristides P. Pittas
|
|
President, Director
|
|
Mr. Pittas is a citizen of Greece. His principal occupation is serving as Vice Chairman of the Issuer.
|
|
|
|
|
|
Marcos Vassilikos
|
|
Vice President, Director
|
|
Marcos Vassilikos, is a citizen of Greece. His principal occupation is serving as Vice Chairman of the Issuer.
|
Stefania Karmiri
|
|
Secretary, Treasurer, Director
|
|
Stefania Karmiri, is a citizen of Greece. Her principal occupation is serving as Treasurer/Secretary of the Issuer.
|
(d),(e) |
Neither the Reporting Person, nor any manager or executive officer of the Reporting Person, has, during the past five years, (a) been convicted in a criminal proceeding (excluding traffic
violations or similar misdemeanors), or (b) been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is 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 violation with respect to such laws.
|
Item 3. |
Source and Amount of Funds or Other Consideration
|
Vested
|
Unvested
|
||
Aristides P. Pittas
|
3,080
|
668
|
Item 4. |
Purpose of Transaction
|
Item 5. |
Interest in Securities of the Issuer
|
(a)-(d) |
As of the date hereof, the Reporting Person may be deemed to be the beneficial owner of 2,101,321 Common Shares, constituting 37.52% of the Common Shares, based upon 5,600,259 Common Shares
outstanding. The Reporting Person has the sole power to vote or direct the vote of 2,101,321 Common Shares and the shared power to vote or direct the vote of 0 Common Shares. The Reporting Person has the sole power to dispose or direct the
disposition of 2,101,321 Common Shares and the shared power to dispose or direct the disposition of 0 Common Shares.
|
(e) |
N/A
|
Item 6. |
Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer
|
Item 7. |
N/A
|
October 9, 2020
|
||
(Date)
|
||
Containers Shareholders Trinity Ltd.
|
||
By: /s/ Aristides P. Pittas
|
||
Name: Aristides P. Pittas
Title: President
|
Date of Transaction
|
Transaction Type
|
Number of Common
Shares Disposed Of
|
Price
|
6/30/20
|
Transfer
|
70,158
|
$0*
|