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Frontline Plc — Director's Dealing 2019
Dec 6, 2019
6242_dirs_2019-12-06_2738cacf-31f5-4344-affc-b3c8d24f492e.html
Director's Dealing
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FRO Meldepliktig handel
FRO Meldepliktig handel
Inger M. Klemp, CFO of Frontline Management AS, has settled a TRS agreement (Total Return Swap) underlying 120,000 shares in Frontline Ltd. ("Frontline") expiring December 6th 2019. Ms Klemp has subsequently entered into a new TRS agreement with exposure to the same number of underlying shares in Frontline with expiry date March 6th 2020 and TRS price NOK 102.11836 per underlying share. In addition, Ms Klemp owns 180,000 shares in Frontline, and holds options to acquire 120,000 shares in Frontline, as previously disclosed. This information is subject to the disclosure requirements pursuant to section 4 -2 of the Norwegian Securities Trading Act.