Golar LNG
oslo : GOL

May 11, 2011 01:42 ET

Voluntary offer for Golar LNG Energy Shares

HAMILTON, BERMUDA--(Marketwire - May 11, 2011) -

We refer to our announcement on 27 April 2011 where we disclosed that we, Golar LNG Limited ("Golar" or the "Company"), own 95.1% of Golar LNG Energy Limited ("Golar Energy") following the acquisition of shares from a limited number of institutional shareholders. As announced in this disclosure, Golar hereby makes a voluntary offer to buy all of the remaining shares in Golar Energy (the "Voluntary Offer").

The offer price in the Voluntary Offer is NOK 26.80 per share.

The acceptance period for the Voluntary Offer expires on May 25, 2011, at 16:00 CET.

Settlement of the Offer will take place on May 31, 2011 at the latest.

Following the closing of the Voluntary 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.

The Voluntary Offer will be sent by post to all shareholders in Golar Energy as registered in the VPS on May 10, 2011.

For more detailed information, please Platou Markets AS at telephone: +47 22 01 63 00 or e-mail: office@platoumarkets.com.

Golar LNG Limited
May 10, 2011
Hamilton, Bermuda.

This information is subject of the disclosure requirements acc. to §5- 12 vphl (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

  • Graham Robjohns
    Chief Accounting Officer & Group Financial Controller
    Tel: +44 20 7517 8600