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Cool Company Ltd. - Increase in Share Capital

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Cool Company (NYSE: CLCO / CLCO.OL) has announced an increase in its total issued shares following the vesting of previously granted RSUs under the company's Long-Term Incentive Plan (LTIP). The share count increased by 23,872 shares, bringing the total number of issued shares to 53,726,718. Each share maintains a nominal value of USD 1.00. The complete details of the LTIP can be found in the company's November 25, 2022 Press Release or in their 2023 Annual Report on Form 20-F filed with the SEC.

Cool Company (NYSE: CLCO / CLCO.OL) ha annunciato un aumento delle sue azioni totali emesse a seguito dell'assegnazione di RSU precedentemente concesse nell'ambito del Piano di Incentivazione a Lungo Termine (LTIP) dell'azienda. Il numero di azioni è aumentato di 23.872 azioni, portando il totale delle azioni emesse a 53.726.718. Ogni azione mantiene un valore nominale di 1,00 USD. Ulteriori dettagli sul LTIP sono disponibili nel Comunicato Stampa dell'azienda del 25 novembre 2022 o nel loro Rapporto Annuale 2023 sul Modulo 20-F depositato presso la SEC.

Cool Company (NYSE: CLCO / CLCO.OL) ha anunciado un aumento en su número total de acciones emitidas tras la adquisición de RSUs concedidas anteriormente bajo el Plan de Incentivo a Largo Plazo (LTIP) de la empresa. La cantidad de acciones aumentó en 23,872 acciones, llevando el total de acciones emitidas a 53,726,718. Cada acción mantiene un valor nominal de 1,00 USD. Los detalles completos del LTIP se pueden encontrar en el Comunicado de Prensa de la empresa del 25 de noviembre de 2022 o en su Informe Anual 2023 en el Formulario 20-F presentado ante la SEC.

Cool Company (NYSE: CLCO / CLCO.OL)은 회사의 장기 인센티브 계획(LTIP)에 따라 이전에 부여된 RSU의 귀속에 따라 발행된 총 주식 수가 증가했다고 발표했습니다. 주식 수는 23,872주 증가하여 발행 주식 총수가 53,726,718주에 이르렀습니다. 각 주식은 명목 가치가 1.00 USD입니다. LTIP에 대한 전체 세부 사항은 2022년 11월 25일 회사의 보도 자료 또는 SEC에 제출된 2023년 20-F 양식 연례 보고서에서 확인할 수 있습니다.

Cool Company (NYSE: CLCO / CLCO.OL) a annoncé une augmentation de son nombre total d'actions émises suite à l'acquisition d'RSU précédemment accordées dans le cadre du Plan de Prime à Long Terme (LTIP) de l'entreprise. Le nombre d'actions a augmenté de 23 872 actions, portant le total des actions émises à 53 726 718. Chaque action conserve une valeur nominale de 1,00 USD. Les détails complets du LTIP sont disponibles dans le communiqué de presse de l'entreprise du 25 novembre 2022 ou dans leur rapport annuel 2023 sur le formulaire 20-F déposé auprès de la SEC.

Cool Company (NYSE: CLCO / CLCO.OL) hat eine Erhöhung der insgesamt ausgegebenen Aktien bekannt gegeben, die nach dem Vesting zuvor gewährter RSUs im Rahmen des langfristigen Anreizplans (LTIP) des Unternehmens erfolgt ist. Die Anzahl der Aktien stieg um 23.872 Aktien, was die Gesamtzahl der ausgegebenen Aktien auf 53.726.718 bringt. Jede Aktie hat einen Nennwert von 1,00 USD. Die vollständigen Einzelheiten des LTIP finden Sie in der Unternehmensmitteilung vom 25. November 2022 oder in ihrem Jahresbericht 2023 auf dem Formular 20-F, das bei der SEC eingereicht wurde.

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  • Share dilution of 23,872 shares impacting existing shareholders

LONDON--(BUSINESS WIRE)-- Cool Company Ltd. (NYSE: CLCO / CLCO.OL) (the “Company”) announces that, following the recently announced issuance of shares related to the vesting of previously granted RSUs under the Company’s Long-Term Incentive Plan (the “LTIP”), the Company’s total number of issued shares has increased by 23,872 shares to a total number of issued shares of 53,726,718, with each share having a nominal value of USD 1.00.

Full details of the LTIP are available in the Press Release issued on November 25, 2022, or in the Company’s 2023 Annual Report on Form 20-F as filed with the SEC.

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

For more information, questions should be directed to:

c/o Cool Company Ltd - +44 207 659 1111 / ir@coolcoltd.com

Richard Tyrrell - Chief Executive Officer

John Boots - Chief Financial Officer

Source: Cool Company Ltd.

FAQ

How many new shares were issued by Cool Company (CLCO) in December 2023?

Cool Company (CLCO) issued 23,872 new shares following the vesting of RSUs under their Long-Term Incentive Plan.

What is the total number of issued shares for Cool Company (CLCO) after the recent increase?

After the recent increase, Cool Company's total number of issued shares is 53,726,718.

What is the nominal value of each CLCO share?

Each Cool Company (CLCO) share has a nominal value of USD 1.00.

Why did Cool Company (CLCO) increase its share capital in December 2023?

The increase in share capital was due to the vesting of previously granted RSUs under the company's Long-Term Incentive Plan (LTIP).

Cool Company Ltd.

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