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GOGL – Notice of Special General Meeting
Globenewswire· 2025-07-18 14:30
Golden Ocean Group Limited (NASDAQ: GOGL & Euronext Oslo Børs: GOGL) announces that a Special General Meeting will be held on August 19, 2025. A copy of the Notice of the Special General Meeting and associated information can be found enclosed and on our website at www.goldenocean.bm. The Board of DirectorsGolden Ocean Group LimitedHamilton, BermudaJuly 18, 2025 This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. Attachments GOGL- SG ...
CMB.TECH's update on the Golden Ocean merger process
Globenewswire· 2025-07-17 20:43
Core Viewpoint - CMB.TECH is progressing with a stock-for-stock merger with Golden Ocean Group, aiming to create one of the largest diversified maritime groups globally, with a combined fleet of approximately 250 vessels [1][8]. Merger Structure and Details - The merger involves Golden Ocean merging into CMB.TECH Bermuda Ltd., a wholly-owned subsidiary of CMB.TECH, with an exchange ratio of 0.95 CMB.TECH shares for each Golden Ocean share [2]. - CMB.TECH plans to issue approximately 95,952,934 new ordinary shares as part of the merger consideration [2]. Corporate Approvals - Golden Ocean will hold a special general meeting on August 19, 2025, to vote on the merger agreement and related transactions [4]. - Both the supervisory board of CMB.TECH and the board of directors of Golden Ocean have unanimously approved the merger, which does not require CMB.TECH shareholder approval [5]. Ownership Structure Post-Merger - After the merger, CMB.TECH shareholders will own approximately 70% of the total issued share capital, while Golden Ocean shareholders will own about 30% [6]. Regulatory Approvals - CMB.TECH received antitrust clearance from the German Bundeskartellamt on June 26, 2025, and the SEC declared the registration statement effective on July 16, 2025 [9]. Timeline and Trading - The merger is expected to be completed shortly after the Golden Ocean special general meeting, with new shares anticipated to begin trading on August 20, 2025 [7]. Company Profiles - CMB.TECH operates over 160 vessels, including crude oil tankers and offshore wind vessels, and is headquartered in Antwerp, Belgium [13]. - Golden Ocean specializes in the transportation of dry bulk cargoes and has a fleet of over 90 vessels with a capacity of approximately 13.7 million deadweight tonnes [15].
Golden Ocean: Strategic Merger, Strong Dividends, And Attractive Valuation
Seeking Alpha· 2025-07-16 20:53
Golden Ocean Group (NASDAQ: GOGL ) navigates the pulse of global trade with a young fleet of more than 80 ships. Their business is simple but powerful: when they raise the rates of the Baltic DryI am an individual investor with over five years of experience in personal investing, holding a PhD in Economics from UCEMA. My investment approach focuses on value companies with solid long-term potential. I share my knowledge with the community by offering analysis to support individual investors. My articles refl ...
GOGL – Key Dates for Special General Meeting
GlobeNewswire· 2025-07-15 06:30
Core Points - Golden Ocean Group Limited will hold a Special General Meeting on August 19, 2025 [1] - The record date for voting at the Special General Meeting is set for July 16, 2025 [1] - Notice and associated information regarding the Special General Meeting will be available on the Company's website prior to the meeting [1][2]
GOGL – Golden Ocean and CMB TECH signed loan facilities of $2 billion to refinance outstanding debt in Golden Ocean
GlobeNewswire News Room· 2025-06-20 20:30
Group 1 - CMB.TECH has identified a bank syndicate to refinance all or parts of the outstanding debt in Golden Ocean Group Limited [1] - A $2,000 million facilities agreement has been signed, which includes a term loan facility of up to $1,250 million and a revolving credit facility of up to $750 million [2] - The term loan facility is expected to be drawn during the second and third quarters of 2025 [3] Group 2 - The facilities agreement will become available following the completion of the planned merger between Golden Ocean and CMB.TECH, expected in Q3 2025 [2] - Golden Ocean acts as the borrower while CMB.TECH serves as the parent guarantor [2]
GOGL – 2024 Environmental, Social and Governance (ESG) Report
Globenewswire· 2025-06-11 14:23
Golden Ocean Group Ltd (OSE/NYSE: GOGL) today released its seventh annual ESG Report. The 2024 report is prepared in accordance with the Marine Transportation framework established by the Sustainability Accounting Standards Board (SASB) and with reference to the Global reporting Initiative (GRI) Standards. The report covers ESG performance in our operations and value chain, along with how we manage material sustainability matters for the fiscal year 2024. Peder Simonsen, CEO, comments: “We continue to deliv ...
GOGL - Ex dividend USD 0.05 today
GlobeNewswire News Room· 2025-06-04 06:00
The shares in Golden Ocean Group Limited will be traded ex dividend USD 0.05 as from today relating to the dividend for the first quarter of 2025. The dividend will be paid on or about June 17, 2025. Due to the implementation of CSDR in Norway, dividends payable on shares registered with Euronext VPS is expected to be distirbuted to Euronext VPS shareholders on or about June 19, 2025. This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act   ...
Golden Ocean(GOGL) - 2025 Q1 - Quarterly Report
2025-05-21 20:49
Exhibit 99.1 INTERIM FINANCIAL INFORMATION Hamilton, Bermuda, May 21, 2025 - Golden Ocean Group Limited (NASDAQ/OSE: GOGL) (the "Company" or "Golden Ocean"), the world's largest listed owner of large size dry bulk vessels, today announced its unaudited results for the quarter ended March 31, 2025. Highlights Peder Simonsen, Chief Executive Officer and Chief Financial Officer, commented: "Our first quarter results reflect a weaker market environment, with softer charter rates and lower trading activity impac ...
GOGL – Q1 2025 Presentation
Globenewswire· 2025-05-21 12:00
Please find enclosed the presentation of Golden Ocean Group Limited's first quarter 2025 results for today's webcast / conference call at 15:00 pm CEST/09:00 am EDT. Attend by Webcast: Use the follow link prior to the webcast: GOGL Q1 2025 Webcast (https://edge.media- server.com/mmc/p/bfhcazxk) Attend by Conference Call: Participants will need to register online prior to the conference call via the link below. Dial-in details will be available when registered. GOGL Q1 2025 Conference Call (https://register- ...
GOGL - Key information relating to the dividend for the first quarter, 2025
GlobeNewswire News Room· 2025-05-21 06:30
Key information relating to the dividend to be paid by Golden Ocean Group Limited for the first quarter, 2025: Dividend amount: $0.05 per share Declared currency: USD. Dividends payable to shares registered with Euronext VPS will be distributed in NOK. Last day including right: June 3, 2025 Ex-date: June 4, 2025 Record date: June 5, 2025 Payment date: On or about June 17, 2025. Due to the implementation of CSDR in Norway, dividends payable on shares registered with Euronext VPS is expected to be distributed ...