SFL - Options awarded to employees and board members
(Thomson Reuters ONE) -
Press release from Ship Finance International Limited, March 22, 2016
Ship Finance International Limited (NYSE: SFL) ("Ship Finance" or the
"Company"), today announced that 279,000 options were awarded to employees and
board members as part as of the management incentive program. The options have
been issued pursuant to the Company's Share Option Scheme and will have a five-
year term with a three-year vesting period. The initial strike price is $14.38
and the first options will be exercisable from March 2017.
The Board of Directors
Ship Finance International Limited
Hamilton, Bermuda
Questions can be directed to Ship Finance Management AS:
Harald Gurvin, Chief Financial Officer: +47 23114009
André Reppen, Senior Vice President: +47 23114055
About Ship Finance
Ship Finance International Limited (NYSE: SFL) has an unprecedented track record
in the maritime and offshore industry, being consistently profitable and paying
dividends every quarter since 2004. The Company's diversified fleet of more than
70 vessels is split between tankers, bulkers, container vessels and offshore
assets, and Ship Finance's long term distribution capacity is supported by a
portfolio of long term charters and significant growth in the asset base over
time.
More information can be found on the Company's website: www.shipfinance.bm
Cautionary Statement Regarding Forward Looking Statements
This press release may contain forward looking statements. These statements are
based upon various assumptions, many of which are based, in turn, upon further
assumptions, including Ship Finance management's examination of historical
operating trends. Although Ship Finance believes that these assumptions were
reasonable when made, because assumptions are inherently subject to significant
uncertainties and contingencies which are difficult or impossible to predict and
are beyond its control, Ship Finance cannot give assurance that it will achieve
or accomplish these expectations, beliefs or intentions. Important factors that,
in the Company's view, could cause actual results to differ materially from
those discussed in this presentation include the strength of world economies and
currencies, general market conditions including fluctuations in charter hire
rates and vessel values, changes in demand in the tanker market as a result of
changes in OPEC's petroleum production levels and worldwide oil consumption and
storage, changes in the Company's operating expenses including bunker prices,
dry-docking and insurance costs, changes in governmental rules and regulations
or actions taken by regulatory authorities, potential liability from pending or
future litigation, general domestic and international political conditions,
potential disruption of shipping routes due to accidents or political events,
and other important factors described from time to time in the reports filed by
the Company with the United States Securities and Exchange Commission.
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: Ship Finance International Limited via GlobeNewswire
[HUG#1996969]
Unternehmensinformation / Kurzprofil:
Datum: 22.03.2016 - 22:37 Uhr
Sprache: Deutsch
News-ID 459314
Anzahl Zeichen: 3873
contact information:
Town:
Hamilton
Kategorie:
Business News
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"SFL - Options awarded to employees and board members"
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