Golden Ocean Group Ltd 6-K, filed Mar 25, 2024
Golden Ocean Group Ltd (GOGL)
6-K
2024-03-25
For: 2024-03-31
View Original
Added on
July 01, 2026
About this 6-K
Golden Ocean Group Ltd filed this 6-K on March 25, 2024.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO
RULE 13A-16 OR 15D-16 UNDER THE SECURITIES
EXCHANGE ACT OF 1934
For the month of March 2024
Commission File Number: 000-29106
GOLDEN OCEAN GROUP LTD.
(Translation of registrant's name into English)
Par-la-Ville Place
14 Par-la-Ville Road,
Hamilton, HM 08, Bermuda
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F [X] Form 40-F [ ]
INFORMATION CONTAINED IN THIS FORM 6-K REPORT
Attached hereto as Exhibit 99.1 is a press release
of Golden Ocean Group Ltd. (the “Company”) dated March 22, 2024, announcing a mandatory notification of trade by primary insiders of the Company.
The information contained in this Report on Form 6-K is hereby incorporated by reference into the Company’s Registration Statement on Form F-3 (File No.
333-266220) filed with the U.S. Securities and Exchange Commission with an effective date of July 19, 2022.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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GOLDEN OCEAN GROUP LTD.
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By: /s/ Peder Simonsen
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Date: March 25, 2024
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Name: Peder Simonsen
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Title: Principal Financial Officer
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Exhibit 99.1
Exercise of options and subsequent sale by primary insiders
On 21 March 2024, the primary insiders Lars-Christian Svensen (CEO) and Peder Simonsen (CFO) exercised a total of 200,000 share options each. Following the
exercise, Lars-Christian Svensen and Peder Simonsen sold 200,000 and 200,500 shares in the market, respectively.
Please see further details in the attached forms.
This information is subject to the disclosure requirements pursuant to Article 19 of the EU Market Abuse Regulation and Section 5-12 of the Norwegian Securities
Trading Act.
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1
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Details of the person discharging managerial responsibilities/person closely associated
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a)
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Name
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Peder Simonsen
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2
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Reason for the notification
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a)
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Position/status
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Chief Financial Officer (CFO)
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b)
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Initial
notification/Amendment
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Initial notification
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3
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Details of issuer
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a)
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Name
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Golden Ocean Group Limited
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b)
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LEI
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549300HQH91CZG0OJL61
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4
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Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each
type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
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a)
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Description of the financial instrument, type of instrument
Identification code
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Share options linked to shares with ISIN BMG396372051
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b)
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Nature of the transaction
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Exercise of options
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c)
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Price(s) and volume(s)
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Price(s)
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Volume(s)
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NOK 2.982
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75,000
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NOK 18.982
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125,000
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d)
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Aggregated information
— Aggregated volume
— Price
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A total of 200,000 options with a total exercise price of NOK 2,596,400.
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e)
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Date of the transaction
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2024-03-21
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f)
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Place of the transaction
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XOFF - Outside of a trading venue
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1
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Details of the person discharging managerial responsibilities/person closely associated
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a)
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Name
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Lars-Christian Svensen
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2
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Reason for the notification
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a)
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Position/status
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Chief Executive Officer (CEO)
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b)
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Initial
notification/Amendment
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Initial notification
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3
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Details of issuer
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a)
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Name
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Golden Ocean Group Limited
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b)
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LEI
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549300HQH91CZG0OJL61
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4
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Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each
type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
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a)
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Description of the financial instrument, type of instrument
Identification code
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Share options linked to shares with ISIN BMG396372051
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b)
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Nature of the transaction
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Exercise of options
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c)
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Price(s) and volume(s)
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Price(s)
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Volume(s)
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4.482
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75,000
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20.982
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125,000
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d)
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Aggregated information
— Aggregated volume
— Price
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A total of 200,000 options with a total exercise price of NOK 2,958,900.
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e)
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Date of the transaction
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2024-03-21
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f)
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Place of the transaction
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XOFF - Outside of a trading venue
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1
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Details of the person discharging managerial responsibilities/person closely associated
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a)
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Name
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Peder Simonsen
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2
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Reason for the notification
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a)
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Position/status
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Chief Financial Officer (CFO)
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b)
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Initial
notification/Amendment
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Initial notification
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3
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Details of issuer
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a)
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Name
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Golden Ocean Group Limited
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b)
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LEI
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549300HQH91CZG0OJL61
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4
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Details of the transaction(s): section to be repeated for (i) each type of instrument;
(ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
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a)
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Description of the financial instrument, type of instrument
Identification code
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Nature of instrument: shares
Instrument identification code (ISIN): BMG396372051
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b)
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Nature of the transaction
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Sale
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c)
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Price(s) and volume(s)
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Price(s)1
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Volume(s)
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Place of transaction
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133.8544084
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351
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AQEA
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134.1998962
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14,056
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AQED
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135.9161544
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4,689
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AQEU
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134.1671103
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1,538
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BATD
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134.1798405
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21,396
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BEUP
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134.0085106
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25,011
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CEUD
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135.1040127
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18,743
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CEUX
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134.2343036
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166
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EUCC
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134.2343036
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505
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HREU
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134.2343036
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79
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SGMU
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134.2343036
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1,480
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SGMV
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134.2343036
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187
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TQEA
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134.1072362
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14,674
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TQEM
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133.25
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180
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TQEX
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136.4
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215
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TRQX
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134.55
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376
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VFSI
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135.0040974
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76,048
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XOSL
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134.2343036
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3,409
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XPOS
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133.570267
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4,397
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XTXE
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134.1434
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12,500
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XOSL
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136.4
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500
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XOSL
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1Average price of the transactions made on the relevant market place.
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d)
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Aggregated information
— Aggregated volume
— Price
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Total volume: 200,500
Total price: 26,984,742.74 |
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e)
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Date of the transaction
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2024-03-21
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1
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Details of the person discharging managerial responsibilities/person closely associated
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a)
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Name
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Lars-Christian Svensen
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2
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Reason for the notification
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a)
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Position/status
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Chief Executive Officer (CEO)
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b)
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Initial
notification/Amendment
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Initial notification
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3
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Details of issuer
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a)
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Name
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Golden Ocean Group Limited
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b)
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LEI
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549300HQH91CZG0OJL61
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4
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Details of the transaction(s): section to be repeated for (i) each type of instrument;
(ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
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a)
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Description of the financial instrument, type of instrument
Identification code
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Nature of instrument: shares
Instrument identification code (ISIN): BMG396372051
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b)
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Nature of the transaction
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Sale
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c)
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Price(s) and volume(s)
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Price(s)1
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Volume(s)
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Place of transaction
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133.8516754
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351
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AQEA
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134.197748
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13,157
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AQED
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135.89507
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4,749
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AQEU
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134.1671103
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1,538
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BATD
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134.1741005
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19,356
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BEUP
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133.997952
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23,903
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CEUD
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135.0748279
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19,385
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CEUX
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134.2343036
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161
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EUCC
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134.2343036
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443
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HREU
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134.2343036
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79
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SGMU
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134.2343036
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1,371
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SGMV
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134.2343036
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165
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TQEA
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134.0952509
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13,408
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TQEM
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133.25
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181
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TQEX
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136.4
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214
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TRQX
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134.55
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375
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VFSI
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135.0051339
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75,957
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XOSL
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134.2343036
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3,260
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XPOS
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133.9252511
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9,447
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XTXE
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134.1434
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12,500
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XOSL
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1Average price of the transactions made on the relevant market place.
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d)
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Aggregated information
— Aggregated volume
— Price
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Total volume: 200,000
Total price: 26,916,541.16 |
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e)
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Date of the transaction
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2024-03-21
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