Road Town, Tortola, 24 October 2014. FLEX LNG (Oslo Axess: FLNG) the Board of Directors of FLEX LNG notes the purchase of approximately 12.7 million shares in FLEX LNG by Geveran Trading Co Ltd, bringing Gevaran’s total ownership in FLEX LNG to 43.32% of the issued share capital, and Gevaran’s stated intention to launch a mandatory offer for all of the shares of FLEX LNG, as per the disclosure made earlier today.
A statement will be made by the Board of FLEX LNG in due course pursuant to sections 6-16 of the Norwegian Securities Trading Act. Arctic Securities AS is engaged as the financial advisor to the Board.
For further information please contact:
Jostein Ueland, CFO, tel.: +44 797 615 9994
Arctic Securities AS:
Jørgen Heszlein, tel.: +47 4840 3123
Knut Malterud, tel.: +47 4840 3111