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Capital adjustments
Press
release from Frontline Ltd. - 17.09.2003 |
One employee of Frontline has exercised options to acquire a total of 2,500 shares in Frontline. All shares have been acquired at a strike price of USD 8.60 per share. Total proceeds were USD 21,500.00.
Total number of outstanding shares after this is 73,525,397.
Hamilton, Bermuda
16 September, 2003
Contact persons:
Ola Lorentzon, +47 23 11 40 00
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