Compulsory acquisition of remaining shares in Golar LNG Energy Limited
(Thomson Reuters ONE) -
Golar LNG Limited ("Golar LNG") has, on 3 June 2011, notified all of the
remaining shareholders in Golar LNG Energy Limited ("Golar Energy") that Golar
LNG exercises its right under Bermuda company law to compulsorily acquire their
shares ("tvangsinnløsning").
Golar LNG offers to compensate the minority shareholders whose shares are
compulsorily acquired with NOK 26.80 per share. This is equal to the price
offered by Golar LNG in its voluntary offer for Golar Energy which closed end
May this year. Shareholders receiving the notice do not need to accept the offer
or react in any way in order to receive settlement. The acquisition will be
completed by Golar LNG according to Bermuda law.
A shareholder wishing to dispute the amount of the compensation offered by Golar
LNG must apply to the courts in Bermuda for an alternative evaluation of the
value of a Golar Energy share within 30 days from the date of the notice.
Shareholders who do not make such application to the court will receive
settlement following the expiry of the 30 day period. Golar LNG expects such
settlement to be completed on or about 8 July, 2011. The compensation due to
each minority shareholder will be transferred to such shareholder's bank account
registered in the VPS.
Golar Energy has, on 3 June, 2011, called for a special general meeting of its
shareholders on 14 June, 2011. The only issue to be dealt with is a proposal to
delist its shares from the Oslo Stock Exchange.
Golar Energy expects to be delisted by the end of June, 2011.
Golar LNG Limited
June 3, 2011
Hamilton, Bermuda.
This information is subject of the disclosure requirements pursuant to section
5-12 of the 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
[HUG#1521156]
Unternehmensinformation / Kurzprofil:
Datum: 03.06.2011 - 14:33 Uhr
Sprache: Deutsch
News-ID 55280
Anzahl Zeichen: 2475
contact information:
Town:
London
Kategorie:
Business News
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"Compulsory acquisition of remaining shares in Golar LNG Energy Limited"
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