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Frontline Plc — Major Shareholding Notification 2023
Jan 10, 2023
6242_mrq_2023-01-10_ca25f753-15a7-452f-a101-395c90614550.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
January, 09th 2023
Frontline PLC - 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 PLC (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: | January, 06th 2023 |
| Event triggering the notification: | Disposal of shares |
| Total disposed shares: |
250,000 shares |
| Total new holding: | 11,049,087 shares representing 4.96% of the 222'622'889 voting rights and of the share capital. |
7,330,487 shares are held directly by UBS AG, a subsidiary of UBS Group AG. 2,292,404 shares are held indirectly by UBS AG through UBS Asset Management (UK) Limited (51'939), UBS Securities LLC (1,989,702), UBS Switzerland AG (145,000), UBS Fund Management (Luxembourg) S.A. (5,740) and UBS Fund Management (Switzerland) AG (100'023). Additionally, 1,244,098 swaps on baskets and 182,098 swaps on indices 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
Iwona Konwinska Ewa Zajac Authorized Officer Authorized Officer