The following information is based on a press release from Frontline Ltd (Frontline) published on February 1, 2016 and may be subject to change.
The Extraordinary General Meeting (EGM) of Frontline held on January 29, 2016, approved a reverse split whereby five (5) existing shares will be consolidated into one (1) new share. The scheduled Ex-date is February 2, 2016. NASDAQ Derivatives Markets will carry out a re-calculation of options, forwards and futures in Frontline (FRO).
For further information please see the attached file.
