businesspress24.com - FRO - Increase in share capital
 

FRO - Increase in share capital

ID: 1315607

(Thomson Reuters ONE) -


Reference is made to the announcement by Frontline Ltd. ("Frontline" or the
"Company") of the Company''s entry into a debt for equity exchange agreement
October 28, 2014.

Frontline has on November 4, 2014 issued 820,047 new ordinary shares. Following
such issuance, Frontline has an issued share capital of USD 107,598,237 divided
into 107,598,237 ordinary shares. The agreement is now closed and no more shares
will be issued under this agreement.

November 4, 2014
The Board of Directors
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 of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)



This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Frontline Ltd. via GlobeNewswire
[HUG#1868678]







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Bereitgestellt von Benutzer: hugin
Datum: 05.11.2014 - 02:42 Uhr
Sprache: Deutsch
News-ID 1315607
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"FRO - Increase in share capital
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