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Frontline Plc Director's Dealing 2022

Jul 12, 2022

6242_dirs_2022-07-12_a9f304f1-f6b1-4f2f-bdf7-58f6e99f8174.pdf

Director's Dealing

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Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Lars H. Barstad
2 Reason for the notification
a) Position/status CEO of Frontline Management AS
b) Initial notification /
Amendment
Initial notification
3 Details of the issuer, emission allowance market participant, auction platform,
auctioneer or auction monitor
a) Name Frontline Ltd.
b) LEI 5493004BCIKYU1YL3H63
4 Details of the transaction(s): section to the repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each place
where transactions have been conducted
a) Description of the financial
instrument, type of
instrument
TRS agreement (Total Return Swap)
ISIN: BMG3682E1921
Identification code
b) Nature of the transaction Entered in to a TRS (Total Return Swap) agreement with
underlying exposure to 80,000 shares in Frontline Ltd. with
expiry date 11th October 2022 and TRS price NOK 85.28
per underlying share.
c) Price(s) and volume(s) Price(s): Volume(s):
NOK 85.28 80,000 shares
d) Aggregated information
Aggregated volume
-
Price
-
Aggregate number of shares: 80,000
Price: NOK 85.28
e) Date of the transaction 2022-07-11
f) Place of the transaction XOSL – Oslo Børs