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NOK99.3 2.4  2.4%

Last Trade - 14/05/21

Sector
Energy
Size
Mid Cap
Market Cap £455.5m
Enterprise Value £1.36bn
Revenue £116.7m
Position in Universe 506th / 1832

BRIEF-Geveran Settles Total Return Swap Agreements With Flex

Thu 7th March, 2019 7:19am
March 7 (Reuters) - Flex LNG Ltd.  FLNG.OL :
    * SAID ON WEDNESDAY GEVERAN TRADING SETTLED TOTAL RETURN
SWAP
(TRS) AGREEMENTS UNDERLYING 8.3 MLN SHARES IN FLEX LNG LTD.
EXPIRING MARCH 6
    * SUBSEQUENTLY ENTERED INTO A NEW TRS AGREEMENT UNDERLYING
THE
SAME NUMBER OF SHARES 8.3 MLN
    * NEW EXPIRY DATE IS JUNE 6, AND NEW TRS PRICE IS NOK
11.0629 PER
SHARE
    * GEVERAN'S AFFILIATED OWNERSHIP IN FLEX LNG LTD. IS
FOLLOWING
THIS TRANSACTION UNCHANGED AND CONSTITUTES 44.61 PERCENT OF
SHARE CAPITAL
    * GEVERAN CONTROLS AFTER THIS IN ADDITION TRS AGREEMENTS
WITH
EXPOSURE TO TOTALLY 8.3 MLN SHARES IN FLEX LNG LTD 

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nObiGw5k1a
    
 Further company coverage:  FLNG.OL  
   


 (Gdynia Newsroom)
 ((Gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))
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