A total of 4,894,262 new shares have been printed with investors payingNOK 122 each for the stock.

This will add $100m in expansion ammunition for Avance ahead ofoverallotments.

Main backers Stolt-Nielsen Gas, Sungas Holdings and Frontline 2012 havesold a further 7,341,393 shares, a statement said.

This will leave Stolt and Sungas with 15.3% stakes and Frontline 2012with a 12.8% slice, with the sale of shares allocated for overallotments likelyto trim that figure further.