SOURCE: Golar LNG

November 18, 2009 18:05 ET

GOLAR LNG LIMITED - NOTIFICATION OF SHARE TRANSACTION

LONDON--(Marketwire - November 18, 2009) - Golar LNG Limited ("Golar") announces that its existing total return swap in its own shares ("TRS" or "equity swap") has terminated. The shares were originally acquired at an average price of NOK 41.00, which based on the closing price of Golar shares today (18 November 2009) of NOK 73.00, will realise a gain of approximately USD1.7m after taking into account financing costs. Concurrently with the termination of the TRS, Golar has directly acquired 300,000 shares at an average price of NOK73.00 (approximately USD13.04).



After this transaction Golar holds a total of 450,000 shares in its own right.


November 18, 2009
Golar LNG Limited
Hamilton, Bermuda



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Contact Information

  • Questions should be directed to:

    Golar Management Ltd: +44 207 063 7900
    Chief Financial Officer: Graham Robjohns