Wednesday July 31, 2013

31.07.2013 18:00

 

http://www.newsweb.no/index.jsp?messageId=332938

Ian Beveridge

This is to inform that Mr. Ian Beveridge, a board member of FLEX LNG Ltd, has today been allotted 99,690 ordinary shares to be issued by Flex LNG Ltd as his remuneration from 01/01/2013 to 30/06/2013. The shares constitute a total remuneration of USD 35,000.00, based on a price per share of NOK 2.13433. 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 15 July 2013.

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 6,272,543 shares in the Company, representing 4.96% of the total shares outstanding. Mr. Ian Beveridge also holds 250,000 shares in a personal capacity, giving a total holding of 5.16%.

Aoki Hiromichi

This is to inform that Mr. Aoki Hiromichi, a board member of FLEX LNG Ltd, has today been allotted 99,690 ordinary shares to be issued by Flex LNG Ltd as his remuneration from 01/01/2013 to 30/06/2013. The shares constitute a total remuneration of USD 35,000.00, based on a price per share of NOK 2.13433. 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 15 July 2013.

Mr. Aoki Hiromichi is an Executive Officer in Kawasaki Kisen Kaisha Ltd., and in accordance with an agreement with Mr. Aoki Hiromichi the shares will be issued to Kawasaki Kisen Kaisha Ltd. After the issue of these shares, Kawasaki Kisen Kaisha Ltd. will have a holding of 17,263,623 shares in the Company, representing 13.66% of the total shares outstanding.

David McManus

This is to inform that Mr. David McManus, a board member of FLEX LNG Ltd, has today been allotted 185,139 ordinary shares to be issued by FLEX LNG Ltd as part of his remuneration 01/01/2013 to 30/06/2013. The shares constitute a total remuneration of USD 65,000.00, based on a price per share of NOK 2.13433. 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 15 July 2013.

 

After the issue of these shares, Mr. David McManus will have a holding of 553,581 shares in the Company, representing 0.44% 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 49,845 ordinary shares to be issued by FLEX LNG Ltd as part of his remuneration from 01/01/2013 to 30/06/2013. The shares constitute a total remuneration of USD 17,500.00, based on a price per share of NOK 2.13433. 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 15 July 2013.

After the issue of these shares, Mr. Christopher Pittinger will have a holding of 149,040 shares in the Company, representing 0.12% of the total shares outstanding.

Eiji Wakiwaka

This is to inform that Mr. Eiji Wakiwaka, a board member of FLEX LNG Ltd, has today been allotted 49,845 ordinary shares to be issued by FLEX LNG Ltd as part of his remuneration from 01/01/2013 to 30/06/2013. The shares constitute a total remuneration of USD 17,500.00, based on a price per share of NOK 2.13433. 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 15 July 2013.

 

After the issue of these shares, Mr. Eiji Wakiwaka will have a holding of 149,040 shares in the Company, representing 0.12% of the total shares outstanding.