FRO - Increase in share capital
May 01 2015 - 1:58AM
Reference is made to the
announcement by Frontline Ltd. ("Frontline" or the "Company") of
the Company's entry into an at the market equity distribution
agreement on June 6, 2013, which was amended and restated on
January 21, 2014 and on January 28, 2015.
Frontline has issued 12,900,323
ordinary shares pursuant to the equity distribution agreement
during the month of April 2015. Following such issuance, Frontline
has an issued share capital of USD 137,434,603 divided into
137,434,603 ordinary shares.
April 30, 2015
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
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
HUG#1918011
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