Golar LNG Limited - 2016 share option plan

Golar LNG Limited - 2016 share option plan

ID: 507839

(Thomson Reuters ONE) -


Prior to the Nasdaq opening on November 15, 2016, the Board of Golar LNG Limited
("Golar" or the "Company") authorized the issuance of 1,499,650 options to
purchase shares to all employees of the Company and its subsidiaries under the
Company's existing share option scheme. The issued options have a strike price
of $23.50 per share, which is consistent with the closing price of the Company's
recent follow-on offering. The strike price will be adjusted for each time the
Company pays dividends. One third of recipients' allotted options will vest on
November 15, 2017, the second third will vest one year later and the final third
will vest on November 15, 2019. The option period is five years.

FORWARD LOOKING STATEMENTS
This press release contains certain forward-looking statements concerning future
events and Golar's operations, performance and financial condition. Forward-
looking statements include, without limitation, any statement that may predict,
forecast, indicate or imply future results, performance or achievements, and may
contain the words "believe", "anticipate", "expect", "estimate", "project",
"will be", "will continue", "will likely result", "plan", "intend" or words or
phrases of similar meanings. These statements involve known and unknown risks
and are based upon a number of assumptions and estimates that are inherently
subject to significant uncertainties and contingencies, many of which are beyond
Golar's control. Actual results may differ materially from  those expressed or
implied by such forward-looking statements.


Hamilton, Bermuda

November 17, 2016

Enquiries:

Golar Management Limited: +44 207 063 7900

Brian Tienzo

Stuart Buchanan




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.




The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Golar LNG via GlobeNewswire




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Bereitgestellt von Benutzer: hugin
Datum: 17.11.2016 - 14:35 Uhr
Sprache: Deutsch
News-ID 507839
Anzahl Zeichen: 2370

contact information:
Town:

Hamilton



Kategorie:

Business News



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