UK: FLEX LNG Issues New Shares to Members of BoD

FLEX LNG said that the Board of Directors of the company has resolved to issue 280,761 new shares to the members of the Board of Directors post the 2011 ASM to 31 December 2011, as part of their remuneration for that period.

The shares will be issued and registered as soon as possible, FLEX LNG said.

Once issued the total shares outstanding will be 125,059,074, the company added.

[mappress]

LNG World News Staff, February 17, 2012