Share Issue/Capital Change • Nov 7, 2022
Share Issue/Capital Change
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Cool Company Ltd.: New shares issued
Bermuda, 7 November 2022: Reference is made to the stock exchange notice from Cool Company Limited (“Cool Company” or the “Company”) on 2 November 2022 announcing the successful placement of 21,724,616 shares in a private placement in the Company at a subscription price of NOK 130 per share, consisting of 13,678,462 new shares (the “New Shares”) issued by the Company and 8,046,154 existing shares (the “Sale Shares”) sold by Golar LNG Ltd.
Today, the New Shares have been legally and validly issued. Following such share issue, the issued share capital of the Company is USD 53,688,462.00, divided into 53,688,462 shares, each with a par value of USD 1.00. The authorised share capital of the Company is USD 400,000,000.00, divided into 400,000,000 shares, each with a par value of USD 1.00.
ABOUT COOL COMPANY
Cool Company is a growth-oriented owner, operator and manager of fuel-efficient liquefied natural gas (“LNG”) carriers. Using its integrated, in-house vessel management platform, CoolCo provides charterers and third-party LNG vessel owners with modern and flexible management and transportation solutions, delivering a lesser-emitting form of energy that supports decarbonization efforts, economic growth, energy security, and improvements in quality of life. CoolCo also intends to leverage its industry relationships to make further accretive acquisitions of in-service LNGCs, and to selectively pursue newbuild opportunities.
Additional information about Cool Company can be found at www.coolcoltd.com.
For further information, please contact:
Richard Tyrrell, CEO
Email: [email protected]
Phone: +44 20 7659 1111
John Boots, CFO
Email: [email protected]
Phone: +44 20 7659 1111
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
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