Reference is made to the announcement by Frontline Ltd. (“Frontline”) on August 23, 2019 regarding entering into of the sale and purchase agreement with Trafigura Maritime Logistics ("TML"), a wholly-owned subsidiary of Trafigura Pte Ltd ("Trafigura").
Frontline has issued 16,035,856 ordinary shares pursuant to the above-mentioned agreement. Following such issuance, Frontline has an issued share capital of USD 189,153,166 divided into 189,153,166 ordinary shares each having a par value of USD 1.
August 26, 2019
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 84
Inger M. Klemp: Chief Financial Officer, Frontline Management AS +47 23 11 40 76
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.