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Frontline Plc — Major Shareholding Notification 2023
Nov 9, 2023
6242_mrq_2023-11-09_dbb1c4ac-6fc2-4028-addc-b76b98b529d4.pdf
Major Shareholding Notification
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NOTIFICATION FORM FOR MAJOR HOLDING
(Sections 28, 30, 31 και 31A of the Law)
NOTIFICATION OF MAJOR HOLDING
(to be sent to the relevant issuer and to the Cyprus Securities and Exchange Commission)
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached": FRONTLINE PLC
IRIS BUILDING, FLOOR 7, APARTMENT/OFFICE 740B, LIMASSOL, CY-02, 3106, CY
- Reason for the notification (please tick the appropriate box or boxes):
[ X ] An acquisition or disposal of voting rights
[ X ] An acquisition or disposal of financial instruments
[ ] An event changing the breakdown of voting rights
[ ] Other (please specify)":
3. Details of person subject to the notification obligation™:
Full name:
SOCIETE GENERALE S.A.
29 boulevard Haussmann, Paris, 75009, FRANCE
City and country of registered office
(if applicable)
- Full name of shareholder(s) (if different from the person in point 3)':
5. Date on which the threshold was crossed or reached":
2023-10-31
6. Threshold which was crossed or reached: 5.00%
7. Total positions of person(s) subject to the notification obligation:
| % of voting rights attached to shares (total of 8.A) |
% of voting rights through financial instruments (total of 8.B.1 + 8.B.2) |
Total % (8.A+8.B.1 +8.B.2) |
Total number of voting rights of issuervi |
|
|---|---|---|---|---|
| Resulting situation on the date on which threshold was crossed or reached |
0.84% | 4.64% | 5.48% | 222,622,889 |
| Position of previous notification (if applicable) |
N.A | N.A. | N.A. |
Par. 4 Directive DI190-2007-01 of 2017 (R.A.D. 222/2017)
- Notified details of the resulting situation on the date on which the threshold was crossed or reached"]":
| A: Voting rights attached to shares | |||||
|---|---|---|---|---|---|
| Class/type of | Number of voting rights™ | % of voting rights | |||
| shares | Direct | Indirect | Direct | Indirect | |
| (provide ISIN | (section 28 | (section 30 | (section 28 | (section 30 | |
| code if possible) | of the Law) | of the Law) | of the Law) | of the Law) | |
| Equity: CY0200352116 |
1,576,566 | 299,800 | 0.71% | 0.13% | |
| SUBTOTAL A: (Direct and Indirect) |
1,876,366 | 0.84% |
| B.1: Financial Instruments according to section 31(1)(a) of the Law | ||||
|---|---|---|---|---|
| Type of financial instrument |
Expiration date" |
Exercise/ Conversion Period" |
Number of voting rights that may be acquired if the instrument is exercised/ converted |
% of voting rights |
| SUBTOTAL B.1 |
B.2: Financial Instruments with similar economic effect according to section 31(1)(b) of the Law
| Type of financial instrument |
Expiration date" |
Exercise/ Conversion Period™ |
Physical or cash settlement" |
Number of voting rights |
% of voting rights |
|---|---|---|---|---|---|
| CFD | 10/01/2024 | Until 10/01/2024 |
Cash Settlement | 213,683 | 0.09% |
| CFD | 31/01/2028 | Until 31/01/2028 |
Cash Settlement | 67,292 | 0.03% |
| OTC Call Option | 03/01/2033 | Until 03/01/2033 |
Cash Settlement | 1,765,205 | 0.79% |
| OTC Call Option on basket |
03/01/2033 | Until 03/01/2033 |
Cash Settlement | 3,086,267 | 1.40% |
| Listed Call Warrant |
03/01/2033 | Until 03/01/2033 |
Cash Settlement | 2,165,195 | 0.98% |
| Listed Call Warrant on basket |
03/01/2033 | Until 03/01/2033 |
Cash Settlement | 3,025,005 | 1.35% |
| SUBTOTAL B.2 | 10,322,648 | 4.64% |
- Information in relation to the person subject to the notification obligation (please tick the applicable box): [] Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the issuer or the underlying issuer". [X] Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity": Name™ii Total of both if it equals % of voting rights % of voting rights if it equals or is through financial or is higher than the instruments if it notifiable threshold higher than the notifiable equals or is higher threshold than the notifiable threshold 0.71 2.46 3.17 SOCIETE GENFRAIF SA 0.00 0.13 0.13 SG AMERICAS SECURITIES SOCIETE 0.00 2.18 2.18 GENERALE EFFEKTEN Gmbh
10. In case of proxy voting: ……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………… [name of the proxy holder] will cease to hold ................................................................................................................................ percentage(%)] voting rights as of ...........................................................................................................................................
11. Additional information™!":
I declare that, to my knowledge, all of the above information is accurate and true.
(Name):
(Signature):
Yann CELERIER Puteaux, 2023-11-03
3
(Place, Date)