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Capital adjustments
Press
release from Frontline Ltd. - 18.08.2003 |
One employee of Frontline has exercised options to acquire a total of 1,667 shares in Frontline. All shares have been acquired at a strike price of USD 9.70 per share. Total proceeds were USD 16,169.90.
Total number of outstanding shares after this is 73,504,899.
Hamilton, Bermuda
18 August, 2003
Contact persons:
Ola Lorentzon, +47 23 11 40 00
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