Golar LNG Energy - Sale of LNG Limited shares

Golar LNG Energy - Sale of LNG Limited shares

ID: 8399

(Thomson Reuters ONE) - Golar LNG Energy Limited (Golar Energy) advises that it has sold ablock of 9.6 million LNG Limited shares to institutional investors.Golar Energy's holding after this sale amounts to approximately 6.3%of LNG Limited's issued share capital.Oscar Spieler, CEO of Golar Energy Management, commented that: "Wehave taken this opportunity to rebalance our investment portfolio andrealise funds that will, in due course, likely be invested directlyin the Gladstone LNG Fisherman's Landing project. We are stronglycommitted to the Gladstone LNG Fisherman's Landing project, we arepleased with the progress of the project, which has achieved someimportant milestones over the last few months and we continue toinvest directly in the project in terms of significant technical andcommercial resources including the secondment of personnel to theproject. The Gladstone LNG Fisherman's Landing project remains animportant part of Golar Energy's strategy and portfolio."The sale will realise funds of approximately USD 11 million andresult in an accounting profit of approximately USD 8 million.Golar LNG Energy LimitedNovember 13, 2009Hamilton, Bermuda.Questions should be directed to:Golar Energy Management LtdOscar Spieler: CEO - +65 6296 5518Golar Management Ltd - +44 207 063 7900:Graham Robjohns: Chief Financial OfficerThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.



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Bereitgestellt von Benutzer: hugin
Datum: 14.11.2009 - 00:00 Uhr
Sprache: Deutsch
News-ID 8399
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GOLE - FINANCIAL CALENDAR ...

The financial calendar 2010 for Golar LNG Energy Ltd. is as follows: 26 February 2010 - Preliminary fourth quarter and financial year 2009 results 28 May 2010 - First quarter 2010 results 31 August 2010 - Second quarter 2010 results 30 November 2 ...

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