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Frontline: CEO enters TRS agreements with exposure to 150,000 Frontline shares


Friday, 1 Sep 2017 02:39am EDT 

Sept 1 (Reuters) - Tanker firm Frontline Ltd ::Robert Hvide Macleod, CEO of Frontline Management AS, has on 31 august 2017 entered into TRS (total return swap) agreements with exposure to 150,000 shares in Frontline Ltd.Expiry date 30 November 2017 and TRS price NOK 39.56 per underlying share.In addition, Mr Macleod owns 270,000 shares in Frontline, and holds options to acquire 798,000 shares in Frontline, as previously disclosed .