31.07.2014 18:00
http://www.newsweb.no/index.jsp?messageId=357988
Ian Beveridge
This is to inform that Mr. Ian Beveridge, a board member of FLEX LNG Ltd, has today been allotted 32,056 ordinary shares to be issued by FLEX LNG Ltd as his remuneration from 01/01/2014 to 30/06/2014. The shares constitute a total remuneration of USD 35,000.00, based on a price per share of NOK 6.76234. The price per share is calculated on the basis of the volume weighted average trading price of the Company’s shares over a period of ten consecutive trading days ending on the day of the remuneration settlement, being 18 July 2014.
Mr. Ian Beveridge is a director in Bernhard Schulte Investment Holding, and in accordance with an agreement with Mr. Ian Beveridge the shares will be issued to Bernhard Schulte Investment Holding. After the issue of these shares, Bernhard Schulte Investment Holding will have a holding of 6,336,481 shares in the Company, representing 5.00% of the total shares outstanding. Mr. Ian Beveridge also holds 250,000 shares in a personal capacity, giving a total holding of 5.20%.
David McManus
This is to inform that Mr. David McManus, a board member of FLEX LNG Ltd, has today been allotted 59,532 ordinary shares to be issued by FLEX LNG Ltd as part of his remuneration 01/01/2014 to 30/06/2014. The shares constitute a total remuneration of USD 65,000.00, based on a price per share of 6.76234. The price per share is calculated on the basis of the volume weighted average trading price of the Company’s shares over a period of ten consecutive trading days ending on the day of the remuneration settlement, being 18 July 2014.
After the issue of these shares, Mr. David McManus will have a holding of 672,322 shares in the Company, representing 0.53% of the total shares outstanding.
Christopher Pittinger
This is to inform that Mr. Christopher Pittinger, a board member of FLEX LNG Ltd, has today been allotted 19,234 ordinary shares to be issued by FLEX LNG Ltd as part of his remuneration from 01/01/2014 to 30/06/2014.The shares constitute a total remuneration of USD 21,000.00, based on a price per share of NOK 6.76234. The price per share is calculated on the basis of the volume weighted average trading price of the Company’s shares over a period of ten consecutive trading days ending on the day of the remuneration settlement, being 18 July 2014.
After the issue of these shares, Mr. Christopher Pittinger will have a holding of 184,579 shares in the Company, representing 0.15% of the total shares outstanding.