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FLNGo - FLEX LNG News Story

NOK98.25 -1.0  -1.0%

Last Trade - 8:17am

Sector
Energy
Size
Mid Cap
Market Cap £459.8m
Enterprise Value £1.36bn
Revenue £116.5m
Position in Universe 505th / 1835

BRIEF-Flex With Reverse Share Split

Tue 5th March, 2019 6:53am
March 5 (Reuters) - FLEX LNG LTD.  FLNG.OL :
    * BOARD OF DIRECTORS RESOLVED ON MARCH 4 TO CARRY OUT A
10-TO-1
REVERSE SHARE SPLIT OF THE COMPANY'S ORDINARY SHARES
    * EFFECTIVE DATE OF THE REVERSE SPLIT WILL BE MARCH 11
    * EVERY TEN SHARES OF THE COMPANY'S ISSUED AND OUTSTANDING
ORDINARY SHARES PAR VALUE USD 0.01 PER SHARE WILL AUTOMATICALLY
BE COMBINED INTO ONE ISSUED AND OUTSTANDING ORDINARY SHARE PAR
VALUE USD 0.10 PER SHARE
    * NO FRACTIONAL SHARES WILL BE ISSUED IN CONNECTION WITH THE
REVERSE SPLIT
    * FLEX CEO SAYS THAT CO AIMS TO CONCLUDE A DIRECT US LISTING
OF
FLEX IN THE SECOND QUARTER OF 2019

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nObinznXLa
    
 Further company coverage:  FLNG.OL 
   


 (Gdynia Newsroom)
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