Articles from Cool Company Ltd.

Cool Company Ltd. (“CoolCo” or the “Company”) (NYSE: CLCO / CLCO.OL) announces that it has filed its Form 20-F for the year ended December 31, 2024 with the Securities and Exchange Commission (SEC) in the U.S.

The Company’s board of directors (the “Board”) has resolved, in accordance with the Company’s Long-Term Incentive Program (“LTIP”), to authorize Restricted Stock Units (“RSUs”) for 2025, as further detailed below.

This release includes business updates and financial results for the three ("Q4", "Q4 2024" or the "Quarter") and twelve months ("FY 2024") ended December 31, 2024 of Cool Company Ltd. ("CoolCo" or the "Company").

Cool Company Ltd. (NYSE: CLCO / CLCO.OL, “CoolCo” or the “Company”) will host a Fourth Quarter and Full Year 2024 Earnings call and webcast presentation on Thursday, February 27, 2025, at 8:00 A.M. New York / 2:00 P.M. Oslo / 1:00 P.M. London. The presentation will be available to download from the Presentations and Webcasts subsection of the Investors section of the Company’s website at www.coolcoltd.com.

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.

COOL COMPANY Ltd. (“CoolCo” or the “Company”) advised today that, pursuant to the Company’s Long-Term Incentive Program (the “LTIP”), certain outstanding restricted stock units (“RSUs”) awarded/authorized in 2022 and 2023 vested on November 29, 2024. Details of the vesting of RSUs to Primary Insiders are as follows:

The shares in Cool Company Ltd. (NYSE: CLCO / CLCO.OL) will be traded ex dividend of $0.15 per share for the third quarter of 2024 as follows:

Cool Company Ltd. (NYSE: CLCO / CLCO.OL) (“CoolCo” or the “Company”) advises that the 2024 Annual General Meeting of the Company was held on Thursday, November 21, 2024 at 1:00 pm (GMT) at Flemings Mayfair Hotel, Half Moon Suite, 7-12 Half Moon St, London W1J 7BH.

This release includes business updates and unaudited interim financial results for the three ("Q3", "Q3 2024" or the "Quarter") and nine months ("9M 2024") ended September 30, 2024 of Cool Company Ltd. ("CoolCo" or the "Company") (NYSE:CLCO / CLCO.OL).

Reissuing release to correct Third Quarter 2024 Earnings call and webcast presentation date to Thursday, November 21, 2024.

COOL COMPANY Ltd. (the “Company”) (NYSE: CLCO / CLCO.OL) has scheduled its 2024 Annual General Meeting for November 21, 2024. A copy of the Notice of Annual General Meeting and associated information including the 2024 Annual Report on Form 20-F can be found attached and on the Company’s website at www.coolcoltd.com.

The shares in Cool Company Ltd. (NYSE: CLCO / CLCO.OL) will be traded ex dividend of $0.41 per share for the second quarter of 2024 as follows:

This release includes business updates and unaudited interim financial results for the three ("Q2", "Q2 2024" or the "Quarter") and six months (“1H 2024") ended June 30, 2024 of Cool Company Ltd. ("CoolCo" or the "Company") (NYSE:CLCO / CLCO.OL).

COOL COMPANY Ltd. (the “Company”) (NYSE: CLCO / CLCO.OL) advises that its 2024 Annual General Meeting will be held on November 21, 2024 in London. The record date for voting at the Annual General Meeting is set to September 24, 2024.

Cool Company Ltd. (NYSE: CLCO / CLCO.OL, “CoolCo” or the “Company”) will host a First Half 2024 Earnings call and webcast presentation on Thursday, August 29, 2024, at 8:00 A.M. New York / 2:00 P.M. Oslo / 1:00 P.M. London. The presentation will be available to download from the Presentations and Webcasts subsection of the Investors section of the Company’s website at www.coolcoltd.com.

The shares in Cool Company Ltd. (NYSE: CLCO / CLCO.OL) will be traded ex dividend of $0.41 per share for the first quarter of 2024 as follows:

Note to shareholders who hold shares registered in Euronext Securities Oslo, the central securities depository in Norway (the “VPS”): Due to implementation of the Central Securities Depository Regulation (“CSDR”) in Norway, please note the information on the payment date to the shares registered in the VPS below.

This release includes business updates and unaudited financial results for the three months ended March 31, 2024 ("Q1", "Q1 2024" or the "Quarter") of Cool Company Ltd. ("CoolCo" or the "Company") (NYSE:CLCO / CLCO.OL).

Cool Company Ltd. (NYSE: CLCO / CLCO.OL, “CoolCo” or the “Company”) announced today that it has entered into a 14-year Time Charter Party with GAIL (India) Limited (“GAIL”) for one of the Company’s two newbuild LNG carriers currently under construction (the “Newbuild”). CoolCo will deliver the Newbuild to GAIL in the Gulf of Mexico, with the 14-year time charter commencing in early 2025. Investment grade and listed, GAIL is India's leading natural gas company.

Cool Company Ltd. (NYSE: CLCO / CLCO.OL, “CoolCo” or the “Company”) will host a First Quarter 2024 Earnings call and webcast presentation on Wednesday, May 22, 2024, at 8:00 A.M. New York / 2:00 P.M. Oslo / 1:00 P.M. London. The presentation will be available to download from the Presentations and Webcasts subsection of the Investors section of the Company’s website at www.coolcoltd.com.

Cool Company Ltd. (“CoolCo” or the “Company”) announces that it has filed its Form 20-F for the year ended December 31, 2023 with the Securities and Exchange Commission (SEC) in the U.S.

The shares in Cool Company Ltd. (NYSE: CLCO / CLCO.OL) will be traded ex dividend of $0.41 per share for the fourth quarter of 2023 as of today, March 8, 2024.

This release includes business and financial updates for the three ("Q4", "Q4 2023" or the "Quarter") and twelve months ("FY 2023") ended December 31, 2023 of Cool Company Ltd. ("CoolCo" or the "Company") (NYSE:CLCO / CLCO.OL).

Cool Company Ltd. (NYSE: CLCO / CLCO.OL, “CoolCo” or the “Company”) will host a Fourth Quarter and Full Year 2023 Earnings call and webcast presentation on Wednesday, February 28, 2024, at 8:00 A.M. New York / 2:00 P.M. Oslo / 1:00 P.M. London. The presentation will be available to download from the Presentations and Webcasts subsection of the Investors section of the Company’s website at www.coolcoltd.com.

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 14,384 to 53,702,846, with each share having a nominal value of USD 1.00.

Cool Company Ltd. (NYSE: CLCO / CLCO.OL, “CoolCo” or the “Company”) announced today that it has entered into a new time charter agreement for one of its TFDE vessels. The 12-month time charter is with Santos Shipping Singapore Pte Ltd and is scheduled to commence in the first quarter of 2024.

The shares in Cool Company Ltd. (NYSE: CLCO / CLCO.OL) will be traded ex dividend of $0.41 per share for the third quarter of 2023 as of today, December 6, 2023.

Long-Term Incentive Plan – 2022 – first tranche vesting

Cool Company Ltd. (NYSE: CLCO / CLCO.OL) (“CoolCo” or the “Company”) advises that the 2023 Annual General Meeting of the Company was held on Wednesday, November 29, 2023 at 10:00 AST at the Registered Office of the Company, 2nd Floor, S.E. Pearman Building, 9 Par-la-Ville Road, Hamilton HM 11, Bermuda.

This release includes business updates and unaudited interim financial results for the three ("Q3", "Q3 2023" or the "Quarter") and nine months ("9M 2023") ended September 30, 2023 of Cool Company Ltd. ("CoolCo" or the "Company").

Cool Company Ltd. (NYSE: CLCO / CLCO.OL) (“CoolCo” or “the Company”) and Huaxia Financial Leasing Co. Ltd. today announced that they had entered into sale and leaseback financing arrangements (the “Sale and Leasebacks”) for the Kool Tiger and Kool Panther newbuild vessels scheduled to deliver to CoolCo in the second half of 2024 from Hyundai Samho Heavy Industries in Korea. Reference is made to the press release published by CoolCo on June 28, 2023 regarding the announcement that the Company had exercised its option to acquire the newbuild vessels and had received a commitment for the related debt financing. The Sale and Leasebacks are on a fixed rate per day basis for 10 years, with an implied interest rate just under 6% and a minimum loan-to-value of 80%, with potential for additional capacity contingent upon the terms of the charter employment that CoolCo anticipates securing in advance of the vessels’ deliveries.

COOL COMPANY Ltd. (the “Company”) (NYSE: CLCO / CLCO.OL) has scheduled its 2023 Annual General Meeting for November 29, 2023. A copy of the Notice of Annual General Meeting and associated information including the Company’s Amended and Restated Bye-Laws and 2022 Annual Report on Form 20-F can be found attached and on the Company’s website at www.coolcoltd.com.

Cool Company Ltd. (the “Company”) (NYSE: CLCO / CLCO.OL) advises that its 2023 Annual General Meeting will be held on November 29, 2023 in Bermuda. The record date for voting at the Annual General Meeting is set to September 26, 2023.

The shares in Cool Company Ltd. (NYSE: CLCO / CLCO.OL) will be traded ex dividend of $0.41 per share for the second quarter of 2023 as of today, September 8, 2023.

This release includes business updates and unaudited interim financial results for the three ("Q2", "Q2 2023" or the "Quarter") and six months ("1H 2023") ended June 30, 2023 of Cool Company Ltd. ("CoolCo" or the "Company") (NYSE:CLCO / CLCO.OL).

Cool Company Ltd. (NYSE: CLCO / CLCO.OL) (“CoolCo” or the “Company”) will host a First Half 2023 Earnings call and webcast presentation on Thursday, August 31, 2023, at 8:00 A.M. New York / 2:00 P.M. Oslo / 1:00 P.M. London. The presentation will be available to download from the Webcasts and Presentations subsection of the Investors section of the Company’s website at www.coolcoltd.com.

Vessels are amongst the few scheduled to deliver in 2024 still available for time charter employment

Increased debt capacity by $70 million and reduced margin of existing bank facility maturing in February 2027

HD Hyundai Global Service, a ship service subsidiary of HD Hyundai Group, has announced that it has signed contracts on June 6th with Cool Company Ltd (NYSE: CLCO / CLCO.OL “CoolCo”), an owner and operator of LNG vessels, to retrofit five LNG carriers with sub-coolers for LNG boil-off reliquefaction (“reliquefaction units”). The contract value is approximately 10M US Dollars per vessel.

May 31, 2023

Note to shareholders who hold shares registered in Euronext Securities Oslo, the central securities depository in Norway (the “VPS”):

This release includes business updates and unaudited financial results for the three months ended March 31, 2023 ("Q1", "Q1 2023" or the "Quarter") of Cool Company Ltd. ("CoolCo" or the "Company").

Bermuda, May 17, 2023: Cool Company Ltd. (NYSE: CLCO / CLCO.OL, “CoolCo” or the “Company”) announced today that it has entered into a new time charter agreement for one of its TFDE vessels starting early next year. The multiyear charter is with an energy major and starts upon redelivery from the Vessel’s current charter. It will add back log through to 2027.

Cool Company Ltd. will host a Q1 2023 Business Update call and webcast presentation on Tuesday, May 23, 2023, at 2:00P.M. Oslo time (1:00P.M. London; 8:00A.M. New York). The presentation will be available to download from the Webcasts and Presentations subsection of the Investors section of the company website at www.coolcoltd.com

April 21, 2023

Bermuda, March 22, 2023: Reference is made to the press release published by Cool Company Ltd. (“CoolCo” or the “Company”) on February 20, 2023 regarding the announcement that the Company had entered into an agreement to sell the Golar Seal (IMO: 9624914) (the “Vessel”) for $184.3 million.

Bermuda, March 16, 2023: Reference is made to: (i) the press release published by Cool Company Ltd. (“CoolCo” or the “Company”) on February 14, 2023 regarding the Company’s public filing of a registration statement with the U.S. Securities and Exchange Commission to list its common shares on the New York Stock Exchange (“NYSE”) (the “Listing”); (ii) the press release published by the Company on March 10, 2023 regarding the conclusion of the regulatory review process for the Listing; and (iii) the press release published by the Company on March 14, 2023 regarding the Trading Suspension required as part of the Reregistration Process for the Listing.

Bermuda, March 14, 2023: Reference is made to the press release published by Cool Company Ltd. (“CoolCo” or the “Company”) on February 14, 2023 regarding the Company’s public filing of a registration statement with the U.S. Securities and Exchange Commission to list its common shares on the New York Stock Exchange (“NYSE”) and on March 10, 2023 regarding the conclusion of the regulatory review process for the NYSE Listing and the update on the trading suspension.

Bermuda, March 10, 2023: Reference is made to the press release published by Cool Company Ltd. (“CoolCo” or the “Company”) on February 14, 2023, regarding the Company’s public filing of a registration statement with the U.S. Securities and Exchange Commission (“SEC”) to list its common shares on the New York Stock Exchange (“NYSE”).

March 2, 2023

February 28, 2023

February 28, 2023This release includes business and financial updates for the quarter and twelve months ended December 31, 2022. The formation and funding of Cool Company Ltd. (“CoolCo” or the “Company”) and the phased acquisition of the Company’s initial eight TFDE vessels, The Cool Pool Limited, and the shipping and FSRU management organization from Golar LNG Limited commenced in January 2022 and concluded on June 30, 2022. As a result of these acquisitions, results for the year ended December 31, 2022 ("FY 2022") include consolidated successor period and combined carve-out predecessor period results which on an aggregate basis represent the full year results for 2022. The three months ended December 31, 2022 ("Q4" or the "Quarter") only include a consolidated successor period. The subsequent acquisition of four LNG carriers on November 10, 2022 from an affiliate of EPS Ventures Ltd ("EPS"), has been treated as asset acquisitions, so the results for these four vessels are included within the successor period from the acquisition date.

Cool Company Ltd. will host a Q4 2022 Business Update call and webcast presentation on Tuesday, February 28, 2023, at 10:30A.M. Oslo time. The presentation will be available to download from the Webcasts and Presentations subsection of the Investors section of the company website at www.coolcoltd.com

Bermuda, February 20, 2023: Cool Company Ltd. (“CoolCo” or the “Company”) has entered into a agreement to sell the Golar Seal (IMO: 9624914) (the “Vessel”) for $184.3 million. The transaction is expected to close on redelivery of the Vessel from its current charter in late March, meaning the buyer shall assume all costs associated with the Vessel’s forthcoming dry-dock, increasing the effective economic value to CoolCo to approximately $190 million.

Bermuda, February 14, 2023: Cool Company Ltd. (“CoolCo” or the “Company”) is pleased to announce that it has filed a registration statement with the U.S. Securities and Exchange Commission (“SEC”), with the intention of directly listing its shares on the New York Stock Exchange (“NYSE”). Subject to the registration statement being declared effective by the SEC, the Company’s shares will be registered with the SEC and listed for trading on the NYSE in addition to the Euronext Growth Oslo under the ticker “CLCO” from March 15, 2023. No new CoolCo securities will be issued in connection with the share listing on the NYSE.

Bermuda, November 25, 2022: Reference is made to the stock exchange notice from Cool Company Ltd. (“CoolCo” or the “Company”) on November 25, 2022 announcing that the board of directors of the Company (the “Board”) had resolved to implement a long-term incentive program for employees, management and board members of the Company and its affiliates (the "LTIP").

Bermuda, November 25, 2022: The board of directors (the “Board”) of Cool Company Ltd. (“CoolCo” or the “Company”) has resolved to implement a long-term incentive plan (the “LTIP”) for employees, management and board members of the Company and its affiliates. The overall purpose of the LTIP is to promote the success of the Company for the benefit of its shareholders, by providing a framework for the retention and incentivization of employees using the Company’s equity and thereby aligning their interests with the Company and its affiliates.

November 16, 2022

We refer to the press release dated November 2, 2022, when Cool Company Ltd. (“CoolCo”) announced a transaction to acquire four special purpose companies with contracted LNG carriers, the 2021 built Kool Orca, the 2020 built Kool Firn, and 2015 built Kool Boreas and Kool Baltic, from Quantum Crude Tankers Ltd (“QCT”), an affiliate of EPS Ventures Ltd (“EPS”).

Cool Company Ltd. will host a Q3 2022 Business Update call and webcast presentation on Wednesday, November 16, 2022, at 10:30A.M. Oslo time. The presentation will be available to download from the Webcasts and Presentations subsection of the Investors section of the company website at www.coolcoltd.com

Bermuda, 2 November 2022: Reference is made to the stock exchange announcement made by Cool Company Ltd. (the “Company”) earlier today regarding a contemplated private placement to raise gross proceeds of up to USD 270 million (the “Private Placement”) including a primary offering to fund in part the contemplated acquisition of four special purchase vehicles that own contracted LNG carriers (the “Vessels”) from Quantum Crude Tankers Inc , an affiliate of EPS Ventures Ltd., for USD 660 million (the “Acquisition”) and a secondary offering of existing shares by Golar LNG Ltd in an amount of approximately $100 million.

October 31, 2022

Cool Company Ltd. (the “Company”) advises that the 2022 Annual General Meeting of the Company was held on September 30, 2022 at 08:00 ADT at 2nd Floor, The S.E. Pearman Building, 9 Par-la-Ville Road, Hamilton HM 11, Bermuda.