18. SHARE CAPITAL

The Company's common shares are listed on the NASDAQ Global Select Market.

In May 2012, 11,301 common shares were issued as partial settlement of the first tranche of the RSUs granted in December 2010.

In January 2013, 35,061 common shares were issued as partial settlement of the first and second tranche of RSUs granted in December 2012 and December 2011, respectively.

In October 2013, 6,000,000 common shares were issued at $9.00 per share through a public offering and net proceeds of $51.2 million were received.

Authorized share capital:

(in thousands of $ except per share amount)

50 million common shares of $0.01 each