Information  X 
Enter a valid email address

Stolt-Nielsen Limited (0G2L)

  Print      Mail a friend

Tuesday 12 April, 2011

Stolt-Nielsen Limited

Stolt-Nielsen Limited Completes Open Market Par...






LONDON, April 12, 2011 - Stolt-Nielsen Limited (Oslo Børs: SNI) today completed
its previously announced open market partial tender offer ("Offer") for SNL
common shares with a total maximum value of $47 million.  SNL bought back
1,825,900 shares at a price of NOK 140 per share at a total cost of $46.8
million.  SNL now holds 6,285,530 shares, or 9.80%, of its common shares.  With
the completion of the Offer the $50 million buy-back programme announced by SNL
on November 19, 2010 is now accomplished.


For additional information please contact:

Jan Chr. Engelhardtsen
Chief Financial Officer
UK +44 (0) 20 7611 8972
j.engelhardtsen@stolt.com

Jens F. Grüner-Hegge
V.P. Corporate Finance
UK +44 (0) 20 7611 8985
j.gruner-hegge@stolt.com

About Stolt-Nielsen Limited
Stolt-Nielsen Limited (SNL or the "Company") is a leading global provider of
integrated transportation solutions for bulk liquid chemicals, edible oils,
acids, and other specialty liquids through its three largest business divisions,
Stolt Tankers, Stolthaven Terminals and Stolt Tank Containers.  Stolt Sea Farm
produces and markets high quality turbot, sole, sturgeon, and caviar.  Stolt-
Nielsen Gas transports liquefied petroleum gas (LPG) with its fleet of very
large gas carriers (VLGCs).  Stolt-Nielsen Limited is listed on the Oslo Stock
Exchange.

Forward-Looking Statements
This  press release  contains "forward-looking  statements" based on information
available  to  the  Company  on  the  date  hereof,  and  the Company assumes no
obligation  to update any such  forward-looking statement.  These statements may
be  identified by  the use  of words  like "anticipate,"  "believe," "estimate,"
"expect,"  "intend,"  "may,"  "plan,"  "project,"  "will," "should," "seek," and
similar  expressions.   The  forward-looking  statements  reflect  the Company's
current  views and assumptions and are  subject to risks and uncertainties.  The
Company  does not represent or warrant that the Company's actual future results,
performance  or achievements will  be as discussed  in the those statements, and
assumes  no obligation to, and does not  intend to, update any of those forward-
looking statements other than as may be required by applicable law.


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






This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
    
Source: Stolt-Nielsen Limited via Thomson Reuters ONE

[HUG#1505780]