The Board of Directors of FLEX LNG announced the purchase of approximately 12.7 million shares by Geveran Trading Company Limited.
This brings Geveran’s total ownership in FLEX LNG to 43.32% of the issued share capital.
Geveran intends to launch a mandatory offer for all the shares of FLEX LNG.
Adapted from press release by Katie Woodward
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/24102014/flex-lng-announces-share-purchase-1663/