Golden Ocean has issued 1000000 consideration shares to Quintana Shipping Ltd. and associated companies in exchange for the vessel. Following this transaction, the company's issued share capital is US$ 6 311 149.60 divided into 126 222 992 issued shares, each with a nominal value of US$0.05.
Reference is made to the stock exchange notice dated 14 March, 2017 where Golden Ocean Group Limited (NASDAQ and OSE: GOGL) ("Golden Ocean" or the "Company") announced that it had entered into agreements to acquire 16 modern dry bulk vessels in an all-share transaction where the company will issue in aggregate 17.8 million consideration shares.
