March 5 (Reuters) -:

* ANNOUNCED ON TUESDAY IT HAD ENTERED INTO A SHARE PURCHASE

AGREEMENT WITH HEMEN HOLDING LIMITED FOR ACQUISITION OF

81,363,730 SHARES IN GOLDEN OCEAN GROUP LIMITED

* SHARE PURCHASE AGREEMENT REPRESENTING ABOUT 40.8% OF

GOLDEN

OCEAN'S OUTSTANDING SHARES AT A PRICE OF $14.49 PER SHARE

* TRANSACTION WILL NOT TRIGGER MANDATORY TAKEOVER BID

* CMB.TECH HAS IDENTIFIED BANK SYNDICATE TO REFINANCE ALL OR

PARTS

OF CURRENT OUTSTANDING DEBT IN GOLDEN OCEAN

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(Gdansk Newsroom)