Frontline Plc — Director's Dealing 2019

Mar 8, 2019

FRO - Primary insider transaction

FRO - Primary insider transaction

Robert Hvide Macleod, CEO of Frontline Management AS, has settled a TRS agreement (Total Return Swap) underlying 500,000 shares in Frontline Ltd. ("Frontline") expiring March 8th 2019. Mr Macleod has subsequently entered into a new TRS agreement with exposure to the same number of underlying shares in Frontline with expiry date June 6th 2019 and TRS price NOK 55.2161 per underlying share. In addition, Mr Macleod holds options to acquire 798,000 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.