Golar LNG
oslo : GOL

April 27, 2011 11:18 ET

GOLAR LNG LIMITED - Further Acquisition of Golar LNG Energy Shares

LONDON--(Marketwire - Apr 27, 2011) - Golar LNG Limited ("Golar" or the "Company") has through transactions executed April 27(th) acquired an additional 1,830,000 Golar LNG Energy Limited ("Golar Energy") shares at NOK 26.75 per share. This increases the Company's ownership of Golar Energy to 95.1% and the number of shares held to 226,346,347.

Golar intends to present a voluntary offer to acquire the remaining shares in Golar Energy at the same price to the minority shareholders in Golar Energy. Such offer is expected to be made public mid May.

Following the closing of this offer, Golar will initiate a compulsory acquisition of any shares in Golar Energy remaining in the ownership of others and delist Golar Energy from Oslo Axess.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that:

(i) the releases contained herein are protected by copyright and other applicable laws; and

(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Golar LNG via Thomson Reuters ONE


Contact Information

  • Golar LNG Limited
    April 27, 2011
    Hamilton, Bermuda.

    Questions should be directed to:
    Golar LNG Management Ltd
    +44 207 063 7900
    Graham Robjohns
    Chief Executive Officer