Golar LNG
oslo : GOL

May 24, 2012 02:54 ET

Golar LNG: Mandatory Notification of Trade

LONDON--(Marketwire - May 24, 2012) - Golar LNG Limited ("Golar" or the "Company") advises that World Shipholding, which is indirectly controlled by trusts established by John Fredriksen for the benefit of his immediate family, has extended its TRS agreements relating to 500,000 shares in the Company. John Fredriksen is Chairman of the Board, President and Director of Golar.

The new expiration of the TRS agreements is November 23(rd) 2012. The exercise price on the agreements is NOK 200.99 per share. World Shipholding's affiliated ownership in Golar consists of 36,755,080 shares, representing 45.81 per cent of the Company's issued share capital, and has TRS agreements with exposure to a further 500,000 shares. Golar LNG Limited Hamilton, Bermuda May 23, 2012

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 [HUG#1614541]

Contact Information

  • Graham Robjohns
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