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FLEX LNG Ltd - notice regarding allotment of new shares

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24.07.2017 12:30

http://www.newsweb.no/index.jsp?messageId=431701

David McManus

This is to inform that Mr. David McManus, a board member of FLEX LNG Ltd, has today been allotted 24,292 ordinary shares to be issued by FLEX LNG Ltd as part of his remuneration for the period 01/01/2017 to 0/06/2017. The shares constitute a total remuneration of USD 32,500.00, based on a price per share of NOK 10.99888. 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 cash remuneration settlement, being 14 July 2017. 

After the issue of these shares, Mr. David McManus will have a holding of 845,603 shares in the Company, representing 0.230% of the total shares outstanding. 

Marius Hermansen

This is to inform that Mr. Marius Hermansen, a board member of FLEX LNG Ltd, has today been allotted 11,959 ordinary shares to be issued by FLEX LNG Ltd as part of his remuneration for the period 01/01/2017 to 0/06/2017. The shares constitute a total remuneration of USD 16,000.00, based on a price per share of NOK 10.99888. 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 cash remuneration settlement, being 14 July 2017. 

 After the issue of these shares, Mr. Marius Hermansen will have a holding of 38,931 shares in the Company, representing 0.011% of the total shares outstanding. 

Ola Lorentzon

This is to inform that Mr. Ola Lorentzon, a board member of  FLEX LNG Ltd, has been allotted 950 ordinary shares to be issued by FLEX LNG Ltd as part of his remuneration for the period 08/06/2017 to 30/06/2017. The shares constitute a total remuneration of USD 1,270.72, based on a price per share of NOK 10.99888. 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 cash remuneration settlement, being 14 July 2017.

After the issue of these shares, Mr. Ola Lorentzon will have a holding of 950 shares in the Company, representing 0.0003% of the total shares outstanding.

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