Frontline Ld Fro - Increase In Share Capital
December 24 2014 - 2:45AM
UK Regulatory
TIDMFRO
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 December 16, 2014.
Frontline has on December 23, 2014 issued 760,377 new ordinary shares.
Following such issuance, Frontline has an issued share capital of USD
112,342,989 divided into 112,342,989 ordinary shares. The agreement is
now closed and no more shares will be issued under this agreement.
December 23, 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 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#1883479
http://www.frontline.bm/
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