|
08.06.2015 08:41:00
|
FRO - issue of new shares
Reference is made to the announcement on May 29, 2015, that Frontline Ltd. (NYSE/OSE: FRO) (the "Company" or "Frontline") had entered into a heads of agreement to amend the terms of the long term charter agreements with Ship Finance International Limited ("Ship Finance").
The new agreement has now been completed, and 55 million new Frontline shares have after close of trading on June 5, 2015, been issued to Ship Finance. Following such issuance, Frontline has an issued share capital of USD 198,375,854 divided into 198,375,854 ordinary shares par value USD 1 each.
Frontline has agreed to register the new shares for resale with the US Securities and Exchange Commission. The new shares will be eligible for listing and trading on the Oslo Stock Exchange upon approval of a listing prospectus by the Norwegian Financial Supervisory Authority (expected during July 2015).
June 5, 2015
Frontline Ltd.
Hamilton, Bermuda
Questions should be directed to:
Robert Hvide Macleod: Chief Executive Officer, Frontline Management AS
+47 23 11 40 00
Inger M. Klemp: Chief Financial Officer, Frontline Management AS
+47 23 11 40 00
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
This announcement is distributed by Nasdaq OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Frontline Ltd. via Globenewswire
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Frontline Ltd. via Globenewswire
HUG#1926836
Der finanzen.at Ratgeber für Aktien!
Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!
Nachrichten zu Frontline Ltd.mehr Nachrichten
| Keine Nachrichten verfügbar. |
Analysen zu Frontline Ltd.mehr Analysen
Letzte Top-Ranking Nachrichten
Nachrichten
ETF-Sparplan
Oskar ist der einfache und intelligente ETF-Sparplan. Er übernimmt die ETF-Auswahl, ist steuersmart, transparent und kostengünstig.