Spin off/demerger
| Company | Spin off % | Number of FRO shares per ITCL, SFL or GOGL share |
Cost allocation per ITCL, SFL or GOGL share |
Dividend per
FRO share |
Report date | Ex dividend date |
Distribution date |
|
| Q1 2008 | Independent Tankers Corporation | 17.53 | 5:1 | $ 1.72 NOK8.78 |
$ 0.34 NOK1.756 |
20.02.2008 | 14.03.2008 (NYSE) 26.02.2008 (OSE & LSE) |
26.03.2008 (NYSE) 06.03.2008 (OSE & LSE) |
| Q4 2006 | Ship Finance | 11.02 | 28:3 | $ 26.00 NOK157.31 |
$ 2.7857 NOK16.855 |
27.02.2007 | 06.03.2007 | 22.03.2007 |
| Q4 2005 | Ship Finance | 5.14 | 20:1 | $ 17.04 NOK122.31 |
$ 0.852 NOK6.116 |
17.02.2006 | 02.03.2006 | 20.03.2006 |
| Q4 2004 | Ship Finance | 10.00 | 10:1 | $ 20.58 NOK125.56 |
$ 2.058 NOK12.556 |
22.02.2005 | 09.03.2005 | 24.03.2005 |
| Q4 2004 | Ship Finance | 25.00 | 4:1 | $ 22.15 NOK148.27 |
$ 5.5375 NOK37.069 |
28.01.2005 | 03.02.2005 | 18.02.2005 |
| Q3 2004 | Golden Ocean | 100.00 | 1:3 | $ 0.60 NOK0.00 |
$1.800 NOK0.000 |
07.12.2004 | 23.12.2004 (NYSE) 08.12.2004 (OSE) |
11.01.2005 13.12.2004 |
| Q3 2004 | Ship Finance | 13.20 | 15:2 | $ 23.65 NOK157.67 |
$3.400 NOK21.020 |
15.11.2004 | 29.11.2004 | 15.12.2004 |
| Q2 2004 | Ship Finance | 10.00 | 10:1 | $ 21.13 NOK122.16 |
$ 2.113 NOK12.216 |
19.08.2004 | 08.09.2004 | 24.09.2004 |
| Q1 2004 | Ship Finance | 25.00 | 4:1 | $ 14.75 NOK26.00 |
$ 3.688 NOK6.500 |
26.05.2004 | 17.06.2004 (NYSE) 03.06.2004 (OSE) |
16.06.2004 16.06.2004 |
Cost allocation in US is set basis the share price on distribution date, while the cost allocation in Norway is set basis the share price on the last date including the dividend (the date before ex dividend date).
