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0 -0.000367511944138111 -0.000367511944138111 0.00801176038221242 0.0213156927600148 0.0249908122013965 0.0360161705255421 0.0341014332965822
Stock impact report

Golar sale of approximately $100 million of shares in CoolCo

Golar LNG Limited - Common Shares (GLNG) 
US:NASDAQ Investor Relations: golarlng.com/investors
Company Research Source: GlobeNewswire
Golar LNG Limited (“Golar”) announces today that it has sold around 8 million shares in Cool Company Ltd. (“CoolCo”) raising net proceeds of approximately $100 million. Following the sale Golar will own around 4.5 million CoolCo shares, representing 8.3% of CoolCo. Commenting on the sale, Golar CEO Karl Fredrik Staubo said “The sale of CoolCo shares is driven by progress on FLNG growth opportunities, where we expect to deploy the sale proceeds. We are delighted to see CoolCo realizing the potential of the carrier business and delivering on its commitment to industry consolidation and dividend distributions to shareholders”.   FORWARD LOOKING STATEMENTS This press release contains forward-looking statements (as defined in Section 21E of the Securities Exchange Act of 1934, as amended) which reflects management’s current expectations, estimates and projections about its operations. All statements, other than statements of historical facts, that address activities and events that will Show less Read more
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