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Flex LNG - Key information relating to the cash distribution for the first quarter 2024

Published: 2024-05-23 05:24:00 ET

HAMILTON, Bermuda, May 23, 2024 /PRNewswire/ -- Key information relating to the cash distribution to be paid by Flex LNG Ltd. ("Company") for the first quarter 2024. The distribution will be made from the Company's Contributed Surplus Account.

Please note that from May 28, 2024, the standard settlement cycle for transactions executed in securities traded on the New York Stock Exchange ("NYSE") will be shortened from T+2 to T+1 (of which T equals trading date), while the Oslo Stock Exchange ("OSE") will continue to settle its trades on a T+2 basis.

As a result, there will be different dates between the two stock exchanges, as set out below. During these interim days, investors may be restricted to move shares between NYSE and OSE.

NYSE shareholders:Distribution amount: $0.75Declared currency: USDLast day including right: June 7, 2024Ex-date: June 10, 2024Record date: June 10, 2024Payment date: On or about June 21, 2024Date of approval: May 22, 2024

OSE shareholders with shares registered in Euronext Securities Oslo: Distribution amount: $0.75Declared currency: USD to be distributed in NOKLast day including right: June 6, 2024Ex-date: June 7, 2024Record date: June 10, 2024Payment date: On or about June 26, 2024Date of approval: May 22, 2024

For further questions regarding the timing of payments, contact your bank, broker, nominee, or other financial intermediary.

For more info please contact:Knut Traaholt, Chief Financial Officer of Flex LNG Management ASTelephone: +47 23 11 40 00Email: IR@flexlng.com

About Flex LNG

Flex LNG is a shipping company focused on the growing market for Liquefied Natural Gas (LNG). Our fleet consists of thirteen LNG carriers on the water and all of our vessels are state-of-the-art ships with the latest generation two-stroke propulsion (MEGI and X-DF). These modern ships offer significant improvements in fuel efficiency and thus also carbon footprint compared to the older steam and four-stroke propelled ships. Flex LNG is listed on the New York Stock Exchange as well as Oslo Stock Exchange under the ticker FLNG.

For more information, go to: www.flexlng.com

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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SOURCE Flex LNG

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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.