FRO - Notice of Special General Meeting
November 13 2015 - 10:47AM
Frontline Ltd advises that its Special General Meeting of
Shareholders (the "Special Meeting") to approve the previously
announced merger transaction with Frontline 2012 Ltd. will be held
at Frontline's offices located at Par-la-Ville Place, 4th Floor, 14
Par-la-Ville Road, Hamilton, HM 08 Bermuda, on Monday, November 30,
2015, at 9:30 a.m., local time. Frontline has fixed the close of
business on Monday November 2, 2015 as the record date for the
determination of the shareholders entitled to receive notice and
vote at the Special Meeting or any adjournments or postponements
thereof.
A copy of the Notice of the Special Meeting and the associated
prospectus can be found on our website at www.frontline.bm and in
the links below.
Important Information For Investors And
Shareholders
This communication does not constitute an offer
to sell or the solicitation of an offer to buy any securities or a
solicitation of any vote or approval. In connection with the
proposed transaction between Frontline and Frontline 2012,
Frontline has filed relevant materials with the Securities and
Exchange Commission (the "SEC"), including a registration statement
of Frontline on Form F-4 (File No. 333-206542), initially filed on
August 24, 2015 and subsequently amended, that includes a joint
proxy statement of Frontline 2012 and Frontline that also
constitutes a prospectus of Frontline. The registration statement
was declared effective by the SEC on November 9, 2015. A definitive
joint proxy statement/prospectus has been mailed to shareholders of
Frontline 2012 and Frontline. INVESTORS AND SECURITY HOLDERS OF
FRONTLINE 2012 AND FRONTLINE ARE URGED TO READ THE JOINT PROXY
STATEMENT/PROSPECTUS AND OTHER DOCUMENTS THAT WILL BE FILED WITH
THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE
BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Investors and
security holders will be able to obtain free copies of the
registration statement and the joint proxy statement/prospectus
(when available) and other documents filed with or furnished to the
SEC by Frontline through the website maintained by the SEC at
http://www.sec.gov. Copies of the documents filed with or furnished
to the SEC by Frontline will be available free of charge on
Frontline's website at http://www.frontline.bm. Additional
information regarding the participants in the proxy solicitations
and a description of their direct and indirect interests, by
security holdings or otherwise, will be contained in the joint
proxy statement/prospectus and other relevant materials to be filed
with or furnished to the SEC when they become available.
Forward -Looking Statements
Matters discussed in this press release may constitute
forward-looking statements. Forward-looking statements include
statements concerning plans, objectives, goals, strategies, future
events or performance, and underlying assumptions and other
statements, which are other than statements of historical facts.
Words, such as, but not limited to "believe," "anticipate,"
"intends," "estimate," "forecast," "project," "plan," "potential,"
"may," "should," "expect," "pending" and similar expressions
identify forward-looking statements.
Forward-looking statements include, without limitation,
statements regarding:
- The effectuation of the transaction between Frontline and
Frontline 2012 described above;
- The delivery to and operation of assets by Frontline;
- Frontline's and Frontline 2012's future operating or financial
results;
- Future, pending or recent acquisitions, business strategy,
areas of possible expansion, and expected capital spending or
operating expenses; and
- Tanker market trends, including charter rates and factors
affecting vessel supply and demand.
The forward-looking statements in this press release are based
upon various assumptions, many of which are based, in turn, upon
further assumptions, including without limitation, examination of
historical operating trends, data contained in records and other
data available from third parties. Although Frontline believes that
these assumptions were reasonable when made, because these
assumptions are inherently subject to significant uncertainties and
contingencies which are difficult or impossible to predict and are
beyond the control of Frontline, Frontline cannot assure you that
they, or the combined company, will achieve or accomplish these
expectations, beliefs or projections. In addition to these
important factors, other important factors that could cause actual
results to differ materially from those discussed in the
forward-looking statements, including the strength of world
economies and currencies, general market conditions, including
fluctuations in charter rates and vessel values, changes in demand
for tanker shipping capacity, changes in the combined company's
operating expenses, including bunker prices, drydocking and
insurance costs, the market for the combined company's vessels,
availability of financing and refinancing, changes in governmental
rules and regulations or actions taken by regulatory authorities,
potential liability from pending or future litigation, general
domestic and international political conditions, potential
disruption of shipping routes due to accidents or political events,
vessels breakdowns and instances of off-hires and other factors.
Please see Frontline's filings with the SEC for a more complete
discussion of these and other risks and uncertainties. The
information set forth herein speaks only as of the date hereof, and
Frontline disclaims any intention or obligation to update any
forward-looking statements as a result of developments occurring
after the date of this communication.
November 13, 2015
Frontline Ltd.
Hamilton, Bermuda
This information is subject to the disclosure requirements
pursuant to section 5-12 of the Norwegian Securities Trading
Act.
Joint Proxy Statement http://hugin.info/182/R/1966732/718293.pdf
Proxy Card http://hugin.info/182/R/1966732/718294.pdf
HUG#1966732
CONTACT: Inger Marie Klemp (CFO), +47 23 11 40 00
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