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Frontline Plc Remuneration Information 2021

Dec 8, 2021

6242_rns_2021-12-08_efc814f2-f472-477b-86a0-68eca7569d0a.pdf

Remuneration Information

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1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Ola Lorentzon
2 Reason for the notification
a) Position/status Chairman of Frontline Ltd.
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 conducted 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
a) Description of the financial
instrument,
type
of
instrument
Synthetic options giving a right to cash settlements depending
on the development of the company's share price.
Identification code ISIN: BMG3682E1921
b) Nature of the transaction th
Ola Lorentzon has on
December
7
,
2021,
been granted
160,000
synthetic options in Frontline Ltd. (the "Company")
approved by the Board of Directors of the Company on [●]
December
2021.
c) Price(s) and volume(s) Price: Volume:
NOK
0
160,000 synthetic
options
d) Aggregated information
-
Aggregated volume
160,000 synthetic
options
-
Price
NOK
0
e) Date of the transaction 2021-12-07; [UTC time]
f) Place of the transaction Off market
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name John Fredriksen
2 Reason for the notification
a) Position/status Director of Frontline Ltd.
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
Identification code
Synthetic options giving a right to cash settlements depending
on the development of the company's share price.
ISIN: BMG3682E1921
b) Nature of the transaction th
John Fredriksen
has
on
December
7
,
2021,
been granted
80,000 synthetic options in Frontline Ltd. (the "Company")
approved by the Board of Directors of the Company on [●]
December
2021.
c) Price(s) and volume(s) Price:
NOK
0
Volume:
80,000 synthetic
options
d) Aggregated information
-
Aggregated volume
80,000 synthetic
options
-
Price
NOK
0
e) Date of the transaction 2021-12-07; [UTC time]
f) Place of the transaction Off market
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Tor Svelland
2 Reason for the notification
a) Position/status Director of Frontline Ltd.
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
Synthetic options
giving a right to cash settlements depending
on the development of the company's share price.
Identification code ISIN: BMG3682E1921
b) Nature of the transaction th
Tor Svelland
has on
December
7
,
2021,
been granted 80,000
synthetic options in Frontline Ltd. (the "Company") approved
by the Board of Directors
of the Company on [●] December
2021.
c) Price(s) and volume(s) Price:
NOK
0
Volume:
80,000 synthetic options
d) Aggregated information
-
Aggregated volume
80,000 synthetic options
-
Price
NOK
0
e) Date of the transaction 2021-12-07; [UTC time]
f) Place of the transaction Off market
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name James O'Shaughnessy
2 Reason for the notification
a) Position/status Director of Frontline Ltd.
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 conducted 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
a) Description of the financial
instrument,
type
of
instrument
Synthetic options giving a right to cash settlements depending
on the development of the company's share price.
Identification code ISIN: BMG3682E1921
b) Nature of the transaction th
James O'Shaughnessy has on
December
7
,
2021,
been granted
80,000 synthetic options in Frontline Ltd. (the "Company")
approved by the Board of Directors of the Company on [●]
December
2021.
c) Price(s) and volume(s) Price: Volume:
NOK
0
80,000 synthetic
options
d) Aggregated information
-
Aggregated volume
80,000 synthetic
options
-
Price
NOK
0
e) Date of the transaction 2021-12-07; [UTC time]
f) Place of the transaction Off market
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 conducted 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
a) Description of the financial
instrument,
type
of
instrument
Synthetic options giving a right to cash settlements depending
on the development of the company's share price
Identification code ISIN: BMG3682E1921
b) Nature of the transaction th
Lars H. Barstad has on
December
7
,
2021,
been granted
400,000 synthetic options in Frontline Ltd. (the "Company")
approved by the Board of Directors of the Company on [●]
December
2021.
c) Price(s) and volume(s) Price:
NOK
0
Volume:
400,000 synthetic
options
d) Aggregated information
-
Aggregated volume
400,000 synthetic
options
-
Price
NOK
0
e) Date of the transaction 2021-12-07; [UTC time]
f) Place of the transaction Off market
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Inger M. Klemp
2 Reason for the notification
a) Position/status CFO 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 conducted 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
a) Description of the financial
instrument,
type
of
instrument
Synthetic options giving a right to cash settlements depending
on the development of the company's share price.
Identification code ISIN: BMG3682E1921
b) Nature of the transaction th
Inger M. Klemp has on
December
7
, 2021,
been granted
200,000
synthetic options in Frontline Ltd. (the "Company")
approved by the Board of Directors of the Company on [●]
December
2021.
c) Price(s) and volume(s) Price:
NOK
0
Volume:
200,000 synthetic
options
d) Aggregated information
-
Aggregated volume
200,000 synthetic
options
-
Price
NOK
0
e) Date of the transaction 2021-12-07; [UTC time]
f) Place of the transaction Off market