 Piraeus, Greece, Feb. 22, 2021 GLOBE NEWSWIRE -- GasLog Ltd. GasLog NYSE: GLOG today announced that it has entered into an agreement and plan of merger the Merger Agreement with BlackRocks Global Energy Power Infrastructure team collectively, GEPIF, which is focused on essential, long-term infrastructure investments in the energy and power sector. Under the Merger Agreement, GEPIF will acquire all of the outstanding common shares of GasLog that are not held by certain existing shareholders of GasLog, including Blenheim Holdings Ltd., which is wholly owned by the Livanos family, and a wholly owned affiliate of the Onassis Foundation collectively, the Rolling Shareholders, in exchange for 5.80 in cash per common share the Transaction. The 5.80 per share acquisition price represents a 17 premium to the closing price of GasLogs common shares on February 19, 2021 and a 22 premium to the volume weighted average share price of GasLogs common shares over the last 30 days. Immediately following the completion of the Transaction, the Rolling Shareholders will continue to hold approximately 55 of the outstanding common shares of GasLog and GEPIF will hold approximately 45. Promptly after completion of the Transaction, the common shares of GasLog will be delisted from the New York Stock Exchange. 