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FRO – Closing under the Share Purchase Agreement with CMB NV

Frontline plc (“Frontline”) (NYSE and OSE: FRO), today announced that the sale by Frontline of 13.7 million shares in Euronav NV (“Euronav”) to CM.

Larsh barstadAdvokatfirmaet schjIngerm klempFamatown finance limitedAllen overy belgiumExchange commissionShare saleAdvokatfirmaet wiersholmChief executive officerFrontline managementChief financial officerPrivate securities litigation reform actNorwegian securities trading

FRO – Closing under the Share Purchase Agreement with CMB NV

FRO – Closing under the Share Purchase Agreement with CMB NV
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Frontline plc : FRO - Closing under the Share Purchase Agreement with CMB NV

Frontline plc : FRO - Closing under the Share Purchase Agreement with CMB NV
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FRO – Closing under the Share Purchase Agreement with CMB NV

Frontline plc (“Frontline”) (NYSE and OSE: FRO), today announced that the sale by Frontline of 13.7 million shares in Euronav NV (“Euronav”) to CMB NV (“CMB”) has been completed. On 9 October 2023 Frontline announced that it had agreed on an integrated solution to the strategic and structural deadlock in Euronav, where Frontline had entered into agreements with Euronav to acquire a high-quality ECO fleet of 24 VLCCs with an average age of 5.3 years, for an aggregate purchase price of USD 2,350 m

Ingerm klempLarsh barstadAdvokatfirmaet schjFamatown finance limitedExchange commissionAllen overy belgiumShare saleAdvokatfirmaet wiersholmChief executive officerFrontline managementChief financial officerPrivate securities litigation reform actNorwegian securities trading

FRO – Fully funded acquisition of 24 modern VLCCs from Euronav NV

FRO – Fully funded acquisition of 24 modern VLCCs from Euronav NV
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

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