Geveran Trading Buys Shares in FLEX LNG

Geveran Trading Co Ltd, which is indirectly controlled by trusts established by John Fredriksen, has on Thursday purchased 9.922.105 shares in FLEX LNG at a price of NOK 5,59 per share.

Geveran Trading’s affiliated ownership in FLEX LNG is following this transaction 9.922.105 shares, constituting 7.8% percent of the issued share capital, the company said in  a statement.

FLEX LNG recently signed two ship building contracts with SHI for the construction of two 174,000 m3 TFDE LNG carriers.

1 Norwegian Krone equals 0.16 US Dollar

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LNG World News Staff, September 6, 2013; Image: FLEX LNG