GOGL - Insider transaction>
GOGL - Insider transaction
(Thomson Reuters ONE) - Hemen Holding Limited, a company indirectly controlled by trustsaffiliated with John Fredriksen, has settled a TRS agreement (TotalReturn Swap) underlying 1,423,001 shares in Golden Ocean GroupLimited ("Golden Ocean") expiring July 15, 2009. Hemen HoldingLimited has subsequently entered into a new TRS agreement withexposure to the same number of underlying shares. New expiry date isOctober 15, 2009, and the new TRS price is NOK 6.827 per share.Hemen Holding Limited's affiliated ownership in Golden Ocean GroupLimited is not influenced by the TRS agreements.Drew Investment, a company controlled by Tor Olav Trøim, has settleda TRS agreement underlying 800,000 shares in Golden Ocean expiringJuly 15, 2009. Drew Investment has subsequently entered into a newTRS agreement with exposure to the same number of underlying shares.New expiry date is October 15, 2009, and the new TRS price is NOK6.827 per share. Drew Investment and Tor Olav Trøims ownership inGolden Ocean is not influenced by the TRS agreements.Hamilton, BermudaJuly 15, 2009This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
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Datum: 15.07.2009 - 15:26 Uhr
Sprache: Deutsch
News-ID 3591
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