HAMILTON, Bermuda, Dec. 23, 2015 (GLOBE NEWSWIRE) -- Frontline Ltd. ("Frontline" or the "Company") advises that a Special General Meeting of the Shareholders (the "SGM") to approve a 5 for 1 consolidation of shares will be held at the offices of the Company located at 4th Floor, Par-la-Ville Place, 14, Par-la-Ville Road, Hamilton HM08, Bermuda on Friday, January 29, 2016 at 10:00 a.m. local time.
Frontline has fixed the close of business on Tuesday, December 29, 2015 as the record date for the determination of the shareholders entitled to receive notice and vote at the Special General Meeting or at any adjournment or postponement thereof.
A copy of the Notice of the Special General Meeting and the associated proxy statement will be provided to shareholders and posted on our website in due course.
Matters discussed in this press release may constitute forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts. Words, such as, but not limited to "believe," "anticipate," "intends," "estimate," "forecast," "project," "plan," "potential," "may," "should," "expect," "pending" and similar expressions identify forward-looking statements. The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions. Although Frontline believes that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond the control of Frontline, Frontline cannot assure you that they will achieve or accomplish these expectations, beliefs or projections. The information set forth herein speaks only as of the date hereof, and Frontline disclaims any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this communication.
December 22, 2015
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
CONTACT: Inger Marie Klemp (CFO), +47 23 11 40 00Source:Frontline Ltd