Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand 
LG Energy Solution Shares Slide After Ford Cancels EV Battery Supply Deal 
Amazon in Talks to Invest $10 Billion in OpenAI as AI Firm Eyes $1 Trillion IPO Valuation 
TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement 
Volaris and Viva Agree to Merge, Creating Mexico’s Largest Low-Cost Airline Group 
Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz 
FedEx Beats Q2 Earnings Expectations, Raises Full-Year Outlook Despite Stock Dip 
Nike Shares Slide as Margins Fall Again Amid China Slump and Costly Turnaround 
Treasury Wine Estates Shares Plunge on Earnings Warning Amid U.S. and China Weakness 
OpenAI Explores Massive Funding Round at $750 Billion Valuation 
Delta Air Lines President Glen Hauenstein to Retire, Leaving Legacy of Premium Strategy 
Oracle Stock Slides After Blue Owl Exit Report, Company Says Michigan Data Center Talks Remain on Track 
Instacart Stock Drops After FTC Probes AI-Based Price Discrimination Claims 
Toyota to Sell U.S.-Made Camry, Highlander, and Tundra in Japan From 2026 to Ease Trade Tensions 
ANZ New CEO Forgoes Bonus After Shareholders Reject Executive Pay Report 
Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy 
HAMILTON, Bermuda, Nov. 11, 2016 -- Golden Ocean Group Limited ("Golden Ocean" or the "Company") hereby announces that 700,000 share options have been issued to senior management in accordance with the terms of the Company's Share Option Scheme. The share options will have a five-year term and will vest equally one third over a three-year vesting period. The exercise price is USD 4.20. The exercise price will be adjusted for any distribution of dividends made before the relevant options are exercised.
The following primary insiders have been allocated options according to the above and they have the following number of shares and options in the Company:
| Primary Insider | New Share options | Total share options | Shareholdings |
| Birgitte Vartdal (CEO) | 225,000 | 236,000 | 11,300 |
| Thomas Semino (CCO) | 150,000 | 150,000 | 0 |
| Per Heiberg (CFO) | 100,000 | 105,638 | 3,000 |
November 11, 2016
The Board of Directors
Golden Ocean Group Limited
Hamilton, Bermuda
This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.
CONTACT: Per Heiberg CFO Direct phone: +47 22 01 73 45 Mobile phone: +47 952 20 264
