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FLEX LNG Ltd – notice regarding allotment of new shares

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03.08.2015 17:00

http://www.newsweb.no/index.jsp?messageId=382697

David McManus  

This is to inform that Mr. David McManus, a board member of FLEX LNG Ltd, has today been allotted 19,743 ordinary shares to be issued by FLEX LNG Ltd as part of his remuneration for the period 01/01/2015 to 30/06/2015. The shares constitute a total remuneration of USD 32,500.00, based on a price per share of NOK 13.53316. 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 20 July 2015.

After the issue of these shares, Mr. David McManus will have a holding of 743,587 shares in the Company, representing 0.58% of the total shares outstanding.  

Jens Martin Jensen

This is to inform that Mr. Jens Martin Jensen, a board member of FLEX LNG Ltd, has today been allotted 7,897 ordinary shares to be issued by FLEX LNG Ltd as part of his remuneration for the period 01/01/2015 to 30/06/2015. The shares constitute a total remuneration of USD 13,000.00, based on a price per share of NOK 13.53316. 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 20 July 2015.

After the issue of these shares, Mr. Jens Martin Jensen will have a holding of 12,318 shares in the Company, representing 0.01% of the total shares outstanding. 

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