FLEX LNG Ltd.

11/01/2018 | Press release | Distributed by Public on 11/01/2018 11:39

Share options granted to new CFO and notification of trade by incoming CFO

Share options granted to new CFO and notification of trade by incoming CFO

01.11.2018 11:01

Flex LNG Ltd ("Flex LNG" or the "Company") hereby announces that 300,000 share options have been issued to Mr Harald Gurvin in connection with his appointment as Chief Financial Officer of Flex LNG Management AS. The share options will have a five-year term and will vest equally one third over a three-year vesting period. The exercise price is USD 1.76. The exercise price will be adjusted for any distribution of dividends made before the relevant options are exercised. Additionally, Harald Gurvin has today acquired 30,000 shares in Flex LNG at a price of NOK 14.80 per share. For more info please contact: Øystein M. Kalleklev, Chief Executive Officer. Telephone +47 23 11 40 58 This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act or the continuing obligations of Oslo Børs.