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GOGL - Sale of common shares in Knightsbridge Tankers Limite


54370 fcras 14/3 2012 09:13
Oversigt


Published: 08:03 CET 14-03-2012 /Thomson Reuters /Source: Golden Ocean Group /XOSL: GOGL /ISIN: BMG4032A1045

GOGL - Sale of common shares in Knightsbridge Tankers Limited

FOR RELEASE OUTSIDE OF THE UNITED STATES ONLY

Golden Ocean Group Limited ("Golden Ocean" or the "Company") is offering to sell 2,438,199 Knightsbridge Tankers Limited ("Knightsbridge") common shares in an underwritten public offering pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission. Goldman, Sachs & Co. is acting as the sole underwriter for the offering. All net proceeds from the sale of the common shares will be received by Golden Ocean. Knightsbridge will not receive any of the proceeds.

After the sale of common shares is concluded Golden Ocean will not hold any common shares in Knightsbridge.

A copy of the prospectus relating to these securities may be obtained, when available, from Goldman, Sachs & Co., Prospectus Department, 200 West Street, New York, NY 10282, telephone: 1-866-471-2526 , facsimile: 212-902-9316, or by emailing prospectus-ny@ny.email.gs.com, or alternatively, when it becomes available, for free by visiting EDGAR on the SEC website at www.sec.gov.

This press release shall not constitute an offer to sell, nor the solicitation of an offer to buy, Knightsbridge common shares or any other securities, nor shall there be any sale of securities mentioned in this press release in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.

http://www.goldenocean.bm/
http://www.knightsbridgetankers.com/

GOGL.OL, VLCCF




TRÅDOVERSIGT