Frontline Ld Fro - Exempted From Norwegian Takeover Rules
June 03 2015 - 2:32AM
UK Regulatory
TIDMFRO
Frontline Ltd. ("Frontline") (NYSE/OSE: FRO) has a primary listing of
its shares on New York Stock Exchange ("NYSE") and a secondary listing
on Oslo Stock Exchange ("OSE"). Due to its primary listing on NYSE,
Frontline is subject to tender offer rules set out in U.S. securities
laws which include certain obligations towards the U.S. Securities and
Exchange Commission. The OSE, in its capacity as take-over supervisory
authority in Norway, has on June 2, 2015, resolved to exempt Frontline
from the provisions regulating voluntary and mandatory takeover bids in
Chapter 6 of the Norwegian Securities Trading Act (the "Norwegian
Takeover Rules"). Consequently, trading in the shares of Frontline will
not be subject to the Norwegian Takeover Rules.
June 2, 2015
Frontline Ltd.
Hamilton, Bermuda
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#1925921
http://www.frontline.bm/
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