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Frontline Plc — Major Shareholding Notification 2022
Dec 19, 2022
6242_mrq_2022-12-19_109235b6-72c9-4829-acc5-fd190f73d455.pdf
Major Shareholding Notification
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UBS Group AG Postfach 8098 Zürich Tel. +41-44-438 11 11
Global Shareholder Reporting Group Compliance, Regulatory & Governance
Nemanja Pantic Europastrasse 2 Tel. +41-44-239 62 08 [email protected]
www.ubs.com
Registered Strictly confidential
Oslo Børs Box 460 Sentrum 0105 Oslo Norway
December, 19 th 2022
Frontline Ltd - Disclosure of large shareholdings under the Securities Trading Act
Dear Sir or Madam,
We would like to inform you that UBS Group AG has fallen below the reportable threshold of 5% of the share capital in Frontline Ltd (BMG3682E1921). Please let this serve you as our disclosure as set forth below:
| Name of the person obliged to notify: | UBS Group AG | |||||
|---|---|---|---|---|---|---|
| -- | --------------------------------------- | -- | -- | -- | -------------- | -- |
| Residing at: | Bahnhofstrasse 45 CH-8001 Zurich |
|---|---|
| Date of event: | December, 16 th 2022 |
| Event triggering the notification: | Disposal of shares |
| Total disposed shares: |
1,172,381 shares |
| Total new holding: | 10'648'102 shares representing 4.78% of the 222'622'889 voting rights and of the share capital. |
| 7'642'626 shares are held directly by UBS AG, a subsidiary of UBS Group AG. 1'884'434 shares are held indirectly by UBS AG through UBS Asset Management (UK) Limited (51'939), UBS Securities LLC (178,720), UBS Switzerland AG (1'545'187), UBS Fund Management (Luxembourg) S.A. (8'565) and UBS Fund Management (Switzerland) AG (100'023). Additionally, 1'121'042 swaps on baskets are held directly by UBS AG, a subsidiary of UBS Group AG. |
This notification has also been sent to the issuer.
If you have any questions regarding this disclosure, please contact Ewa Zajac on +41-44-239 36 56 in Zurich.
Yours faithfully,
UBS Group AG
Raphael Pammer Ewa Zajac Authorized Officer Authorized Officer