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MeldingsID: 431486
Dato/tid 17.07.2017 16:41
Utsteder Golden Ocean Group Limited
UtstederID GOGL
Instrument
Marked OB
Kategori FLAGGING
Informasjonspliktig   Informasjonspliktige opplysninger   Lagringspliktig melding
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Tittel Flagging - ownership increase in Golden Ocean Group Ltd
Tekst
Date/time 17.07.2017

Issuer: Golden Ocean Group Limited

IssuerID: GOGL

Title: Flagging - ownership increase in Golden Ocean Group 
Ltd

Reference is made to the stock exchange notice dated March 
14, 2017 where Golden Ocean Group Limited (NASDAQ and OSE: 
GOGL)("Golden Ocean" or the "Company") announced that it has 
entered into agreements to acquire 16 modern dry bulk 
vessels in an all-share transaction where the Company will 
issue in aggregate 17.8 million consideration shares. Of the 
consideration shares 14.5 million shares shall
be issued to Quintana Shipping Ltd and associated companies 
("Quintana")as consideration for the 14 vessels sold to 
Golden Ocean, in accordance with the valuation set out in 
the stock exchange notification.

Reference is further made to stock exchange notifications of 
April 27th,May 3rd, May 4th, May 15th, May 16th, May 22nd, 
May 23rd, June 1st, June 13th, July 11th and July 17th 
regarding the subsequent delivery of vessels from Quintana 
to Golden Ocean and the corresponding issuance of shares
to Quintana.

Following the latest issuance of 1,300,000 shares by Golden 
Ocean to Quintana, confer stock exchange notification by 
Golden Ocean of days date, Quintana and associated companies 
own 13,450,000 shares in Golden Ocean corresponding to 
10,24% of the outstanding 131,322,992 shares in
Golden Ocean.

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