FRO - Increase in share capital
October 16 2013 - 2:38AM
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 11, 2013.
Frontline has on October 15, 2013 issued 5,809,129
new ordinary shares. Following such issuance, Frontline has an
issued share capital of USD 84,652,715 divided into 84,652,715
ordinary shares.
October 15, 2013
The Board of Directors
Frontline Ltd.
Hamilton, Bermuda
Questions should be directed to:
Jens Martin Jensen: 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 pursuant to section 5-12 of the
Norwegian Securities Trading Act.
This
announcement is distributed by Thomson Reuters on behalf of Thomson
Reuters 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 Thomson Reuters ONE
HUG#1735921
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