GOGL - Cancellation of Fractional Shares

GOGL - Cancellation of Fractional Shares

ID: 388321

(Thomson Reuters ONE) -


April 24, 2015 - Golden Ocean Group Limited (the "Company") has cancelled 13
common shares, which are fractional shares that will not be distributed to
certain shareholders in former Golden Ocean Group Limited ("Old Golden Ocean
Group") who had their shares listed on the Singapore Stock Exchange (the "SGX")
prior to the delisting of the shares in Old Golden Ocean Group on the SGX and
the merger with the Company in March 2015.

Following the cancellation of shares, the Company has 172,675,637 common shares
outstanding, with a par value of $ 0.01 per share.

April 24, 2015
Golden Ocean Group Limited
Hamilton, Bermuda

Forward-Looking Statements
Matters discussed in this press release may constitute forward-looking
statements.  Forward-looking statements include statements concerning plans,
objectives, goals, strategies, future events or performance, and underlying
assumptions and other statements, which are other than statements of historical
facts. Words, such as, but not limited to "believe," "anticipate," "intends,"
"estimate," "forecast," "project," "plan," "potential," "may," "should,"
"expect," "pending" and similar expressions identify forward-looking statements.
The forward-looking statements in this press release are based upon various
assumptions.  Although Golden Ocean believes that these assumptions were
reasonable when made, because these assumptions are inherently subject to
significant uncertainties and contingencies which are difficult or impossible to
predict and are beyond the control of Golden Ocean, Golden Ocean cannot assure
you that they, or the combined company resulting from the merger, will achieve
or accomplish these expectations, beliefs or projections. The information set
forth herein speaks only as of the date hereof, and Golden Ocean disclaims any
intention or obligation to update any forward-looking statements as a result of




developments occurring after the date of this communication.
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.



This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire 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: Golden Ocean Group Limited via GlobeNewswire
[HUG#1914401]




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Bereitgestellt von Benutzer: hugin
Datum: 24.04.2015 - 08:15 Uhr
Sprache: Deutsch
News-ID 388321
Anzahl Zeichen: 2856

contact information:
Town:

Hamilton



Kategorie:

Business News



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"GOGL - Cancellation of Fractional Shares"
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