SFL - 3Q-09 Dividend Information
(Thomson Reuters ONE) - Hamilton, Bermuda, December 7, 2009Ship Finance International Limited (NYSE:SFL) ("Ship Finance" or "theCompany") refers to the second quarter report released on November27, 2009 announcing a dividend of $0.30 per share. The Company'scommon shares are now trading ex-dividend on the New York StockExchange.Pursuant to a prospectus supplement filed with the Securities andExchange Commission ("SEC") on December 4, 2009, shareholders mayelect to receive the dividend in the form of newly issued commonshares of the Company. No action is required to be taken byshareholders who wish to receive a cash dividend.Shareholders electing to be paid the dividend in newly issued commonshares will receive 0.0228 common shares for each share held by suchshareholder as of the record date of December 8, 2009. Thecalculation is based on the volume-weighted average shareprice of$13.86 on the New York Stock Exchange during the three trading daysending December 3, 2009, less a 5% discount. If all shareholderselect to receive common shares, the Company will issue up to 1.8million new common shares.Shareholders owning common shares registered in their own name as ofDecember 8, 2009, will receive information by mail containinginstructions on how to elect to receive the dividend in commonshares. Shareholders beneficially owning common shares as ofDecember 8, 2009, that are registered in the name of a broker, dealeror other nominee should contact the registered holder of such commonshares and instruct such registered holder if they wish to receivethe dividend in additional common shares. All shareholder electionsmust be received no later than 5:00 p.m., New York City time, onJanuary 19, 2010.This press release does not constitute an offer to sell or thesolicitation of an offer to buy the Company's securities, nor willthere be any sale of the securities in any state or jurisdiction inwhich such offer, solicitation or sale would be unlawful. Theoffering of the stock dividend is being made only pursuant to aprospectus supplement to the Company's unallocated shelf registrationstatement on Form F-3 (Registration No. 333-158162). The prospectussupplement was filed with the SEC on December 4, 2009. Shareholdersare advised to refer to the prospectus supplement for additionalinformation regarding the dividend.Any questions relating to election of the dividend in common sharesshould be directed to your broker, bank, or other nominee, oralternatively to BNY Mellon, our transfer agent:U.S. Toll Free: 1-800-301-3489International: +1 201 680 6578http://www.melloninvestor.comAbout Ship FinanceShip Finance is a major ship owning company listed on the New YorkStock Exchange (NYSE: SFL). Including newbuildings, the Company has afleet of 67 vessels, including 33 crude oil tankers (VLCC andSuezmax), two chemical tankers, eight oil/bulk/ore vessels, onedry-bulk carrier, 13 container vessels, six offshore supply vessels,one jack-up drilling rig and three ultra-deepwater drilling units.The fleet is one of the largest in the world and most of the vesselsare employed on long-term charters. The Company has decleared a cashdividend for 23 consecutive quarters.More information can be found on the Company's website:www.shipfinance.orgCautionary Statement Regarding Forward Looking StatementsThis press release may contain forward looking statements. Thesestatements are based upon various assumptions, many of which arebased, in turn, upon further assumptions, including Ship Financemanagement's examination of historical operating trends. AlthoughShip Finance believes that these assumptions were reasonable whenmade, because assumptions are inherently subject to significantuncertainties and contingencies which are difficult or impossible topredict and are beyond its control, Ship Finance cannot giveassurance that it will achieve or accomplish these expectations,beliefs or intentions.Important factors that, in the Company's view, could cause actualresults to differ materially from those discussed in thispresentation include the strength of world economies and currencies,general market conditions including fluctuations in charter hirerates and vessel values, changes in demand in the tanker market as aresult of changes in OPEC's petroleum production levels and worldwide oil consumption and storage, changes in the Company's operatingexpenses including bunker prices, dry-docking and insurance costs,changes in governmental rules and regulations or actions taken byregulatory authorities, potential liability from pending or futurelitigation, general domestic and international political conditions,potential disruption of shipping routes due to accidents or politicalevents, and other important factors described from time to time inthe reports filed by the Company with the United States Securitiesand Exchange Commission.This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 07.12.2009 - 14:36 Uhr
Sprache: Deutsch
News-ID 9342
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