Genco Shipping amends poison pill to 10% trigger; grandfathers Diana Shipping

GENCO SHIPPING & TRADING LTD

Acquiring Person threshold reduced to 10% (15% for 13G filers).
Diana Shipping grandfathered at ~15% ownership; loses status if exceeds 15% or buys after a drop to 10%+.
Board cites rapid accumulation by a competitor (Diana Shipping) as rationale.
Amendment preserves existing rights plan structure; no other material changes.

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