FLEX LNG to acquire LNG assets from Exmar and Geveran
July 01, 2015
FLEX LNG to acquire LNG assets from Exmar and Geveran
Road Town, Tortola, 1 July 2015: Flex LNG (the “Company”) is pleased to announce that it has agreed with EXMAR NV (“EXMAR”) and Geveran Trading Co. Ltd. (“GEVERAN”) (a company indirectly controlled by trusts established by John Fredriksen for the benefit of his immediate family) on the main terms for an acquisition of EXMAR’s and GEVERAN’s respective Liquefied Natural Gas (“LNG”) assets and Liquefied Natural Gas Infrastructure (“LNGi”) in exchange for new shares in the Company being issued to EXMAR and GEVERAN (“the Transaction”).
 
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