Golar LNG Limited - Lapse of Voluntary Offer
Golar LNG Limited ("Golar" or the "Company") makes reference to the Company's announcement on 11 May 2011 where the Company announced that it would make a voluntary offer to buy all of the remaining shares in Golar LNG Energy Limited ("Golar Energy") (the "Voluntary Offer").
The acceptance period for the Voluntary Offer expired yesterday (May 25, 2011) at 16:00 CET. Settlement of the Offer will take place on May 31, 2011 at the latest.
Golar is pleased to announce that as of this date it has received acceptances for 10,238,516 shares representing 4.3% of the total number of Golar Energy shares. This includes acceptances received and registered as of the date of this announcement,
The total Golar shareholding including the right and obligation to acquire shares covered by the registered acceptances is therefore 236,586,307 shares representing 99.4% of the total number of shares and votes in Golar Energy. Registration and processing of acceptances is however not yet finalised, and consequently the final Golar shareholding in Golar Energy following completion of the Offer may increase further.
Golar will now initiate a compulsory acquisition of the remaining shares in Golar Energy and delist Golar Energy from Oslo Axess.
For more detailed information, please contact Platou Markets AS at telephone: +47 22 01 63 00 or e-mail: firstname.lastname@example.org.
Golar LNG Limited
April 26, 2011
Questions should be directed to:
Golar LNG Management Ltd - +44 207 063 7900
Graham Robjohns: Chief Executive Officer