Hamilton, Bermuda - As informed the investor market, during the last few days,  NAO Executive Chairman, Herbjorn Hansson and his son, Alexander, have accumulated 1,681,007 shares in NAO at an average price of $1.12 per share. Together with its previous holding, the Hansson family holds shares equivalent to 6.5% of NAO. This is after the last purchase of 181,007 NAO shares Friday May 12. Relevant filing will be undertaken.