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FLNGo - FLEX LNG News Story

NOK96.95 -6.1  -5.9%

Last Trade - 12/05/21

Sector
Energy
Size
Mid Cap
Market Cap £450.4m
Enterprise Value £1.36bn
Revenue £117.0m
Position in Universe 505th / 1830

BRIEF-Flex LNG Contemplates Entering Transaction For Acquisition Of Five 5Th Generation LNG Newbuldings

Wed 10th October, 2018 3:43pm
Oct 10 (Reuters) - FLEX LNG Ltd  FLNG.OL :
    * : ANNOUNCEMENT OF CONTEMPLATED ACQUISITION OF FIVE 5TH
    * IS CONTEMPLATING TO ENTER INTO A TRANSACTION FOR
ACQUISITION OF
FIVE 5TH GENERATION LNG NEWBULDINGS
    * VESSELS WILL BE ACQUIRED AT A PURCHASE PRICE OF USD 180
MILLION
PER VESSEL ON A DELIVERED BASIS
    * PRICE INCLUDING SUPERVISION COSTS, PLUS USD 6 MILLION FOR
EACH
OF DSME VESSELS FOR ADDITION OF FULL RELIQUIFACTION SYSTEMS
    * CONTEMPLATING A PRIVATE PLACEMENT
    * PRIVATE PLACEMENT OF NEW ORDINARY SHARES FOR GROSS
PROCEEDS OF
NOK EQUIVALENT OF USD 300,000,000.

Source text for Eikon:  ID:nObiJzwsSa 
Further company coverage:  FLNG.OL 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 587720920;))
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