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FRO - Cancellation of Fractional Shares

Dec 03, 2015 - Thomson Reuters ONE

HAMILTON, BERMUDA - December 3, 2015

In connection with the previously announced closing of the merger between Frontline Ltd. (NYSE/OSE: FRO) (the "Company") and Frontline 2012 Ltd. ("Frontline 2012"), the Company will today cancel 307 common shares, which account for the fractional shares that will not be distributed to Frontline 2012 shareholders as merger consideration. Also, as previously disclosed, the Company plans to distribute cash in lieu of the fractional shares to shareholders o...