The Board of Flex LNG has announced the purchase of approximately 15.5 million shares in the company by Geveran Trading Company Limited.
In a statement, the Board commented: “The Board of Directors of Flex LNG believes that Geveran’s investment in Flex LNG services to illustrate the value potential in the company and is looking forward to a positive dialogue with Geveran as the largest shareholder of Flex LNG.”
Flex LNG is currently constructing two LNG carriers with a capacity of 174,000 m2 with Samsung Heavy Industries, for delivery in Q1 2017.
Adapted from press release by Katie Woodward
Read the article online at: https://www.lngindustry.com/lng-shipping/24092014/flex-lng-announces-share-purchase-1460/